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Three Mile Island Facility Rising From The Ashes? Constellation Energy In Talks for Restart: Report

Constellation Energy Corporation (NASDAQ:CEG) shares are trading higher today. The company is reportedly in talks with Pennsylvania officials to fund a potential restart of part of its Three Mile Island power facility, the site of a 1970s nuclear meltdown. The talks suggest Constellation’s plans to restart part of the Three Mile Island site, operational from 1974 to 2019, excluding the unit that experienced the meltdown, reported Reuters. The report noted that a decommissioned nuclear plant in Michigan recently granted a $1.5 billion conditional loan by the Biden administration for restart could serve as a model for the public-private sector approach at ...