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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

NRG to Buy 4 First Energy Coal Burners

LCG, Nov. 30, 2001--NRG Energy Inc. said yesterday it had agreed to buy four coal-burning power plants with a combined capacity of 2,535 megawatts from First Energy Inc. for $1.5 billion.

As part of the deal, First Energy will purchase power from the plants through 2005, which means the utility won't be forced into the wholesale power market to meet its native load. In California, utilities were prevented from entering into long-term supply contracts with purchasers of their plants and were required by law to purchase power through a state-operated spot market.

NRG will pay First Energy $1.36 billion cash and assume $145 million in debt. The company said the transaction should close in the second quarter of next year and add immediately to earnings.

First Energy President Anthony Alexander said the plants sold were all along Lake Erie, near Cleveland and Toledo, Ohio. He said the company would now concentrate on its power plants in the Ohio River Valley.

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