US offers Constellation up to $5B to boost nuclear output for AI

The US Department of Energy announced a provisional agreement with Constellation for up to $5 billion in federal loan financing to upgrade eight nuclear plants in Illinois, Maryland and Pennsylvania. The upgrades will add about 1.1 GW of capacity, enough for more than 930,000 homes, and create over 10,000 jobs.

• Up to $5B loan covers eight plants: six in Illinois, one each in Maryland and Pennsylvania
• Upgrades add about 1.1 GW, roughly a new commercial reactor's output
• Enough power for more than 930,000 households
• Deal is provisional pending technical and environmental reviews