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Doe Loans

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DOE commits $5 billion in loans to Constellation for nuclear uprates tied to tech data centers

The Department of Energy is providing Constellation Energy with $5 billion in loans to expand capacity at eight nuclear plants by 1.1 gigawatts through reactor 'uprates.' Google, Amazon, and Meta have already agreed to buy most or all of the added power from seven of the eight facilities, which span Illinois, Maryland, and Pennsylvania.