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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

Northeast Utilities Sues Con Edison for Breach of Promise

LCG, March 13, 2001Northeast Utilities yesterday sued Consolidated Edison Inc., asking for more than $1 billion to compensate for Con Edison's refusal to follow through on its $3.8 billion acquisition of Northeast.

The $1 billion includes the acquisition premium offered by Con Edison that is the amount Con Edison was willing to pay for Northeast stock over its then trading price plus compensation for time and money spent by Northeast to get regulatory approval for the merger.

Con Edison had already sued Northeast last week for violating terms of the proposed transaction and yesterday said Northeast's suit was "without merit."

In its suit, filed in the U.S. District Court for the Southern District of New York, Northeast alleges that Con Edison tried to use conditions imposed on the merger by Connecticut regulators as a lever to reduce its purchase price.

Michael G. Morris, chairman, Northeast's president and chief executive, said "Northeast Utilities filed this suit to recover the value of the merger for our company and shareholders, who have suffered substantial damages as a result of Con Edison's actions."

As to Con Edison's suit filed on March 6, Morris said "Northeast Utilities is and always has been in full compliance with the terms of the merger agreement. Our company is considerably more valuable today than at the time of the merger agreement, and Con Edison had no legal basis for refusing to complete the merger at the agreed upon terms."

Though Con Edison says it is willing to go ahead with the takeover on its terms, Northeast says the romance is over.

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