Utility Dive•about 2 months ago
DOE loans Constellation $1B to restart Three Mile Island nuclear unit
- •Constellation secured a $1 billion Department of Energy (DOE) loan to restart a nuclear unit at Three Mile Island.
- •The project entails an estimated $1.6 billion investment, equating to approximately $1,916 per kW, with a target restart date as early as 2027.
- •This initiative signifies a substantial return of zero-carbon baseload generation capacity to the grid, backed by federal policy support.
financing