Trump DOE loans $5B to nuclear plants that will power data centers
Summary
The Department of Energy has approved a five billion dollar loan to modernize nuclear reactors operated by Constellation Energy. Most of the newly generated power capacity is already designated to supply major tech companies including Google, Amazon, and Meta for their data centers.
Constellation Energy will get $5 billion in government loans to modernize nuclear reactors. Most of the new capacity is already committed to Google, Amazon, and Meta.
Source: Read the full story at TechCrunch
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