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Trump DOE loans $5B to nuclear plants that will power data centers

The Trump administration's Department of Energy has approved $5 billion in loans to Constellation Energy for modernizing nuclear reactors, with most of the new capacity already committed to power major data centers operated by Google, Amazon, and Meta.

Background

Nuclear energy is seeing a resurgence as AI-driven data centers demand massive amounts of reliable, carbon-free power. Major tech companies are increasingly signing power purchase agreements with nuclear operators to meet their sustainability and energy needs.

Source
TechCrunch
Published
Oct 28, 2026 at 11:53 PM
Score
7.0 / 10