The U.S. Department of Energy announced Tuesday it has closed on a $1 billion loan to help with the restart of the shuttered nuclear power station on Three Mile Island.

The funding is said to be the first loan closed through the Energy Dominance Financing Program established in last summer’s “One Big Beautiful Bill.”

The loan may also be the single-biggest chunk of funding for what Constellation Energy Generation initially priced out as a $1.6 billion restart project.

To this point, Constellation president and CEO Joe Dominguez has said the company would be paying for the restart on its “own dime.”

Constellation officials said Tuesday in their view, that’s still the case.

The company is on the hook to repay the loan, with interest, sources said; all that’s changed is that now, because

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