Constellation Secures Conditional DOE Loan Commitment of up to $5 Billion to Expand Nuclear Output
Business Wire•27/10/2026•13:35 ET
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Key Highlights
- ➤DOE conditionally commits up to $5 billion for Constellation nuclear uprates
- ➤Google and Amazon agreements drive over $7 billion investment in 1,080 megawatts
- ➤Meta agreement supports 30-megawatt expansion at Clinton Clean Energy Center
- ➤Financing could lower costs but remains subject to due diligence and final documents
Expert Statements
Joe Dominguez, Chairman, president and CEO of Constellation
“This is how America wins the race for energy abundance – by pairing private-sector demand and investment with smart federal financing to unlock more power from the nuclear plants we already have”
Joe Dominguez, Chairman, president and CEO of Constellation
“Our agreements with Google and Amazon demonstrate how long-term customer commitments can incentivize billions of dollars of investment in new, reliable nuclear capacity.”
Joe Dominguez, Chairman, president and CEO of Constellation
“This conditional loan commitment can help us move faster and go further, putting more reliable power on the grid, creating and preserving good-paying jobs, strengthening American energy security and helping families and businesses manage energy costs.”
Chris Wright, U.S. Secretary of Energy
“The Energy Department is accelerating President Trump’s American nuclear renaissance and unlocking the full potential of our nation’s nuclear fleet”
Chris Wright, U.S. Secretary of Energy
“Uprates that maximize power generation from our existing nuclear facilities are yet another example of the commonsense energy addition policies the Trump Administration is embracing—ensuring more affordable, reliable, and secure energy for American families and businesses.”
Constellation Secures Conditional DOE Loan Commitment of up to $5 Billion to Expand Nuclear Output
Potential financing would help accelerate nuclear uprates that strengthen the grid and deliver more reliable, affordable energy to help meet rising demand
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