Tech article
Trump DOE loans $5B to nuclear plants that will power data centers
Publisher description: Constellation Energy will get $5 billion in government loans to modernize nuclear reactors. Most of the new capacity is already committed to Google, Amazon, and Meta.
TechCrunch | Oct 28, 2026 | Tim De Chant
Automated excerpt
The Trump administration is giving Constellation Energy $5 billion in loans to expand nuclear generating capacity at eight power plants by 1.1 gigawatts. The energy company said it had already committed to spending more than $7 billion to add 1,080 megawatts of nuclear capacity to deliver power to Google, Amazon, and Meta. Google is already the confirmed buyer of additional power from the Pennsylvania plant and four Illinois power plants, while Amazon is buying electricity from the Maryland plant and Meta is effectively buying the entire Clinton power plant in Illinois.
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