EDF Portfolio Project Page: Crane Restart
PROJECT STATEMENT
The Crane Restart project will provide 835 MW of firm baseload power to the grid, powering data centers, supporting economic growth, and helping to win the AI race.
PROJECT SUMMARY
In November 2025, EDF closed a $1 billion loan to Constellation Energy Generation, LLC (Constellation) to help finance the Crane Clean Energy Center (Crane) Restart project, a nuclear power plant in Londonderry Township, Pennsylvania. The loan will partially finance the restart of the 835-megawatt (MW) reactor that was shut down for decommissioning in 2019, subject to U.S. Nuclear Regulatory Commission licensing approvals. The Crane Restart project is the first combined conditional loan commitment and financial close DOE’s Office of Energy Dominance Financing has pursued due to the strength of Constellation as a borrower. The loan is backed by the full credit and balance sheet of Constellation, reducing the risk to taxpayers.
TECHNOLOGY INNOVATION
The project will be the second-ever restart of a nuclear reactor that had previously shut down for decommissioning in the United States, playing a vital role in resurrecting the nuclear industry in America.
ECONOMIC IMPACT
The project will support American job creation, creating approximately 627 direct jobs at the plant during operations.
PROJECT STATISTICS
| PROJECT SUMMARY | Owners | Constellation Energy Generation, LLC |
|---|---|---|
| Locations | Londonderry Township, PA | |
| FINANCIAL SUMMARY | Loan Program | Energy Dominance Financing Program |
| Loan Type | Loan | |
| Loan Amount | $1.0 billion | |
| Issuance Date | November 2025 | |
| ECONOMIC IMPACT | Permanent U.S. Jobs Supported | 627 |
| U.S. Construction Jobs Supported * | N/A |
* Estimated at the time of closing