DOE awards $5B loan to Constellation for nuclear plant uprates

The Department of Energy announced a $5 billion conditional loan commitment to increase output at 15 reactors across Illinois, Maryland, and Pennsylvania by 1.1 GW, with most new capacity pre-contracted to major tech companies for data cent

First covered Oct 28, 2026 · 5:51 AM PT · 3 articles · no longer in the live window

DOE awards $5B loan to Constellation for nuclear plant uprates — Image via techcrunch.com

Coverage

13d Canary Media The DOE announces $5B loan to Constellation for nuclear uprates — The pro-nuclear Trump administration continues to put its money where its mouth is. On Tuesday, the U.S.

13d TechCrunch Climate Trump DOE loans $5B to nuclear plants that will power data centers — Constellation Energy will get $5 billion in government loans to modernize nuclear reactors. Most of the new capacity is already committed to Google, Amazon,…

14d Utility Dive DOE announces $10.1B in loans to Constellation, Alliant, for 3.7 GW — Both loan packages could be used to finance uprates at existing generation facilities, which Energy Secretary Chris Wright called “commonsense” energy policy.

Primary sources

energy.gov Energy Department Announces $5 Billion Loan to Boost Nuclear Power and Help Lower Costs in Illinois, Maryland, and Pennsylvania

More coverage from around the web

ans.org Constellation to get up to $5B DOE loan for planned uprates -- ANS / Nuclear Newswire

energyintel.com US Offers Loan to Constellation for Nuclear Power Expansion

tipranks.com Constellation announces conditional loan commitment of up to $5B from DOE - TipRanks.com

world-nuclear-news.org US government loan to support Constellation uprates - World Nuclear News

sec.gov BALTIMORE GAS & ELECTRIC CO - Form 10-Q - FY2011

Appeared in: 2026-10-28 (#1) · 2026-10-29 (#1)

← Back to the brief