Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor
Market Intelligence Analysis
AI-PoweredThe US Department of Energy (DOE) has provided a $1 billion loan to Constellation Energy, a Microsoft partner, to restart the Three Mile Island reactor. The loan will be used to refurbish the reactor, which was idled in 2019. Microsoft has agreed to purchase the power generated by the facility once it reopens in 2028.
Market impact analysis based on neutral sentiment with 67% confidence.
Article Context
Constellation Energy will use the loan to refurbish a reactor it idled in 2019. Microsoft has agreed to buy the power once the facility reopens in 2028.
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