Trump Admin Commits $4.2 Billion Loan to Modernize and Expand Nuclear Power in Pennsylvania, Ohio
The work will preserve approximately 4 gigawatts of existing baseload power currently provided by the three plants, which is enough to power more than 3 million homes in the region.
TL;DR
- Trump administration commits up to $4.2 billion loan to Vistra Corp.
- Loan to finance modernization and expansion of three nuclear power plants in Pennsylvania and Ohio.
- Preserves 4 gigawatts of existing baseload power, serving over 3 million homes.
- Adds 433 megawatts capacity for Meta's Prometheus data center complex.
- Vistra Corp. must meet technical, legal, environmental, and financial conditions.
- Investments expected to support approximately 3,000 jobs.
- Aligns with Trump's executive order to revitalize the nuclear industrial base.