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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

Lack of Financing Delays 1,050-Megawatt Redlands, California Expansion

LCG, Apr. 5, 2002--Construction in progress on the Mountainview Power Plant in Redlands, Calif., has been stopped while AES Corp. seeks new sources of financing or a potential buyer for the project.

A company spokesman said that California's recent problems and Enron's collapse have contributed to difficulties in obtaining financing. The state Public Utilities Commission's spokesman Chris Davis said, "we were counting on it for the summer of '03." Davis thinks that as long as other projects proceed according to schedule, the delay at Mountainview, planned at 1,050 megawatts, should not have a major impact on the state.

Layoffs are expected to affect 400 workers who had been employed at the site, according to contractor Bechtel Corp.

Glen Davis, a senior vice president of AES Pacific, said of the financial community, "they are reluctant to fund new power generators and want to see how the California situation is played out. It's a combination of a volatile market and changes in rules by government."
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