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energy-department-issues-$1-billion-loan-to-reboot-three-mile-island-nuclear-plant
Energy Department Issues $1 Billion Loan to Reboot Three Mile Island Nuclear Plant

Energy Department Issues $1 Billion Loan to Reboot Three Mile Island Nuclear Plant

Last updated: November 19, 2025 7:49 pm
By Melanie Sun
1 Min Read
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Energy Department Issues $1 Billion Loan to Reboot Three Mile Island Nuclear Plant

The Three Mile Island nuclear power plant owned by Constellation Energy near Middletown, Penn., on Oct. 10, 2024. Chip Somodevilla/Getty Images

The Department of Energy (DOE) said Nov. 18 it had issued a $1 billion loan to Constellation Energy Generation LLC to restart a nuclear generating station in Pennsylvania formerly known as Three Mile Island.

The DOE said in a notice that the $1 billion loan would help to “lower energy costs” by restarting the plant located on the Susquehanna River in Londonderry Township.

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