A plan by Microsoft and Constellation to restart Reactor 1 at the Three Mile Island nuclear power plant fudged a bit on the details.

A $1.6 Billion Federal Loan Guarantee

What Joseph Dominguez failed to mention when he proclaimed that Constellation was not asking for a penny from the state or from utility customers to restart Three Mile Island was that in May it applied for a $1.6 billion federal loan guarantee — which coincidentally is precisely the amount of money it plans to invest to restart the shuttered reactor. According to the Washington Post, the taxpayer-backed loan could give Microsoft and Constellation Energy a major boost in their unprecedented bid to steer all the power from a US nuclear plant to a single company. Microsoft is one of many large tech companies scouring the nation for zero emissions power for its data centers and one of the leaders in the field of artificial intelligence.