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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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Industry News

Powergen sells European Assets to NRG Energy

LCG, April 17, 2001Powergen Plc of the United Kingdom said this morning it has sold its mining and electric generation assets in Germany and Hungary to NRG Energy of the United States for 130 million ($187 million U.S.).

"The deal completes Powergen's strategic refocusing on the U.S. and UK energy markets and thesale of its international business, other than a minority stake in the holding companies for Powergen'sformer interests in Australia, India and other parts of Asia," the company said in a news release.

NRG will acquire Csepel I and II of Hungary as well as Powergen's interest in Germany's Mibrag GmbH and Saale Energie GmbH. The European assets earned 28 million ($40 million) in profits for Powergen last year.

Powergen said the sale was part of its debt reduction program that would result in corporate debt being slashed by 1.37 billion, "significantly ahead of the one billion pounds target originally set".

Last week, Powergen agreed to a takeover by German utility Eon for 9.6 billion including assumption of debt.

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