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BRIEF-Constellation Ahead of Schedule for Crane Clean Energy Center Launch

ReutersFeb 19, 2025 6:20 PM

- Constellation Energy Corp CEG.O:

  • SAYS AHEAD OF SCHEDULE ON CRANE CLEAN ENERGY CENTER LAUNCH, FIVE MONTHS AFTER ITS ANNOUNCEMENT AND LANDMARK POWER PURCHASE AGREEMENT WITH MICROSOFT TO RESTART THREE MILE ISLAND UNIT 1

  • SAYS HAS FILED AN INTERCONNECTION REQUEST WITH PJM TO ALLOW CRANE TO ADD ITS 835 MEGAWATTS OF EMISSIONS-FREE POWER TO THE GRID

  • SAYS IT PLANS TO HIRE MORE THAN 600 EMPLOYEES PRIOR TO THE RESTART

  • SAYS ONE OF THE LARGEST NEW EQUIPMENT PURCHASES REQUIRED FOR THE RESTART IS FOR CONSTRUCTION OF THREE NEW MAIN POWER TRANSFORMERS

  • SAYS CONTRACT HAS BEEN AWARDED AND AN ADDITIONAL $35 MILLION INVESTMENT WILL ENSURE THE MASSIVE TRANSFORMERS REACH THE STATION SAFELY IN 2026

Further company coverage: CEG.O

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