The Trump administration has approved a credit facility worth $1 billion for Constellation Energy Corp. (NASDAQ:CEG), according to the Wall Street Journal. The funds are designated to help reopen the Crane Clean Energy Center, the site famously known as Three Mile Island.

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AI Demand Meets Federal Policy

Constellation’s initiative to reopen the nuclear power plant is underpinned by a 20-year contract to sell the power exclusively to Microsoft Corp. (NASDAQ:MSFT), which requires consistent, round-the-clock electricity to run its artificial intelligence operations.

Economic and Regulatory Goals

For the current White House, this project represents more than just tech support; it is a lever for economic stability. Energy Secretary Chris Wright argued ...