Constellation secures a $1 billion DOE loan to launch Crane Clean Energy Center
Type: Financing · Technology: Nuclear, Other · Country: United States · Capacity: 835 MW · Value: $1B · Announced: 2024-09-20
Constellation Energy Corporation obtained a $1 billion conditional loan commitment and financial close from the U.S. Department of Energy to restart and launch the 835 MW Crane Clean Energy Center nuclear reactor, supporting baseload power and job creation in Pennsylvania.
Counterparties
- U.S. Department of Energy Loan Programs Office (Lender)
- Constellation Energy Corporation (Borrower)
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