U.S. Department of Energy announces $5B loan to boost nuclear power, including in Clinton

CLINTON (25News Now) -The Clinton nuclear power plant is among six Illinois facilities that could benefit from a federal loan commitment of up to $5 billion aimed at modernizing existing nuclear plants and increasing electricity production across three states.

The U.S. Department of Energy announced the conditional loan commitment to Constellation Energy, which plans investments at nuclear facilities in Illinois, Maryland and Pennsylvania.

In Illinois, the proposed investments include the Braidwood, Byron, Clinton, Dresden, LaSalle and Quad Cities nuclear plants. The financing would also support projects at Calvert Cliffs in Maryland and Limerick in Pennsylvania…

Story continues

TRENDING NOW

LATEST LOCAL NEWS