NasdaqGS:CEGElectric Utilities
Should Constellation Energy's (CEG) US$1B Federal Loan for Crane Clean Energy Center Drive Investor Action?
Earlier this month, Constellation Energy announced it secured a US$1 billion loan from the U.S. Department of Energy to restart the Crane Clean Energy Center, formerly known as Three Mile Island Unit 1, with the project aimed at delivering reliable, carbon-free power to meet rising demand from tech sector clients like Microsoft.
This federal backing is expected to accelerate the plant's return to service, boost Pennsylvania's economy with significant job creation, and reinforce Constellation...