U.S. Department of Energy closes $1B loan to Constellation to finance restart of Crane Clean Energy Center (Three Mile Island-1)
Type: Financing · Technology: Nuclear, Other · Country: United States · Capacity: 835 MW · Value: $1B · Announced: 2025-11-18
The U.S. Department of Energy's Loan Programs Office closed a $1.0 billion loan to Constellation Energy to help finance the recommissioning and restart of the 835 MWe Crane Clean Energy Center (formerly Three Mile Island-1), aiming to return the reactor to service by 2028.
Counterparties
- U.S. Department of Energy Loan Programs Office (Lender)
- Constellation Energy (Borrower)
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