Recent events
Recent events tied to this brand in public sources.
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2026
Constellation Energy to receive $5 billion in government loans
The Trump administration is providing Constellation Energy with $5 billion in government loans to expand nuclear generating capacity at eight power plants by 1.1 gigawatts.
2026
Constellation secures conditional DOE loan commitment
Constellation Energy secured a conditional loan commitment of up to $5 billion from the U.S. Department of Energy to support nuclear upgrades and modernization projects at eight existing facilities. The commitment remains subject to due diligence, final financing agreements, and other conditions.
2026
Google enters 3.6-GW power deal with Constellation Energy
Google contracted for 3,590 megawatts of power from Constellation Energy in the PJM grid, the largest US power grid, with new nuclear energy accounting for about a quarter of the supply. The arrangement includes a 20-year power purchase agreement for 890 megawatts from multiple Constellation-owned nuclear plants that would be upgraded to produce more electricity, with first deliveries expected in 2028, plus a long-term supply agreement for an additional 2,700 megawatts not tied to a specific generation source. The deal enables more than $4.3 billion of new investment by Constellation, including capacity additions at 11 nuclear units in Illinois, Pennsylvania and New Jersey, and the companies said it is in response to PJM's "bring your own power" proposal.