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Trump administration announces $5 billion to upgrade nuclear plants in three states

Washington ExaminerView source article

Part of story

Energy Department closes $5 billion loan to upgrade nuclear plants in three states

The Trump administration finalized up to $5.1 billion in federal financing to Alliant Energy and Constellation Energy to upgrade and modernize nuclear power plants in Iowa, Wisconsin, and other states, aiming to add electricity generation capacity to the grid.

Oct 27, 2026·3 sourcesEnergyTrump administrationFederal agenciesBiden AdministrationU.S. energy policyMeta
Energy Department closes $5 billion loan to upgrade nuclear plants in three states
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Other sources for this story

The Epoch Times

Energy Department to Loan Constellation Energy $5 Billion as Power Needs Increase | The Epoch Times

Reason

Trump hands a booming utility in Iowa and Wisconsin $5.1 billion in loans less than a week before the election