Department of energy says it's loaning $1 billion to help finance the restart of the nuclear power plant on pennsylvania’s three mile island to supply power to data centers for tech giant microsoft. For constellation energy, which owns three mile island's lone functioning nuclear power reactor, the federal loan will lower its financing cost to get the mothballed plant up and running again. The trump administration announced tuesday it would provide constellation energy with a $1 billion loan to restart a nuclear reactor at three mile island
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The energy company said last year it.
The trump administration said on tuesday it has loaned constellation energy corp $1 billion to restart its nuclear reactor at a pennsylvania plant formerly known as three mile island.
The department of energy is backing constellation energy's restart of three mile island unit 1 with a $1 billion loan Constellation unveiled plans last year to restart the plant through a power.
