Key facts
- Constellation Energy will receive $5 billion in loans from the Trump administration.
- The loans aim to expand nuclear generating capacity by 1.1 gigawatts across eight power plants.
- Google, Meta, and Amazon are set to purchase most or all of the new power generated.
- The upgrades involve increasing capacity at 11 existing reactors.
- The affected power plants are located in Illinois, Maryland, and Pennsylvania.
The Trump administration is providing Constellation Energy with $5 billion in loans to expand nuclear generating capacity by 1.1 gigawatts across eight power plants. Tech giants Google, Meta, and Amazon have committed to purchasing most or all of the additional power from these upgraded reactors to support their AI data centers. Constellation plans to "uprate" 11 existing reactors, a process that involves expanding capacity often through more highly enriched uranium and equipment upgrades. The company has already committed over $7 billion to add 1,080 megawatts of nuclear capacity for these tech companies. The loan commitment, which is not yet finalized, could lower financing costs for the projects. The affected plants are located in Illinois, Maryland, and Pennsylvania.