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Constellation Energy Finalizes $1 Billion Government Loan for Crane Clean Energy Center
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Constellation Energy Finalizes $1 Billion Government Loan for Crane Clean Energy Center
Nov 19, 2025 2:11 AM

04:49 AM EST, 11/19/2025 (MT Newswires) -- Constellation Energy ( CEG ) said Tuesday that it has finalized a $1 billion loan for its Crane Clean Energy Center in Pennsylvania from the US Department of Energy.

The loan is funded under the Energy Dominance Financing Program and is expected to reduce the project's financing cost, the company said.

Constellation Energy ( CEG ) said the facility is already more than 80% staffed, with more than 500 workers, while regulatory reviews and inspections of key plant components continue as scheduled.

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