Constellation rises on $5 billion US loan offer

By Reuters News18:15 (UTC), 27 October 2026 Updated

** Shares of US power company Constellation Energy CEG.O up 1.8% at $256.98

** The Trump administration is offering up to $5 billion in financing to CEG to fund nuclear uprates at select plants

** This will add nearly 1.1 gigawatts of electricity while strengthening the grid and lowering costs and support projects across eight facilities

** CEG financing could reduce borrowing costs and speed up projects without building new power plants or transmission lines.

** Including session's moves, CEG down 27% YTD

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