U.S. nuclear regulators began a long-winding process to consider Constellation Energy’s (CEG) plans to restart its retired Three Mile Island nuclear power plant in an initial public meeting held on Friday, Reuters’ Laila Kearney reports. Constellation, which announced plans to restart the Three Mile Island nuclear plant in Pennsylvania to supply Microsoft (MSFT) data centers, made its case before the Nuclear Regulatory Commission to restore its operating license for the plant, and also sought to extend the life of the plant and change its name to the Crane Clean Energy Center, Reuters reports.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CEG:
- ‘Load Up,’ Says J.P. Morgan About These 3 Nuclear Power Stocks
- NextEra Energy says interest in restarting Iowa nuclear plant, Bloomberg says
- Constellation Energy price target raised to $298 from $279 at KeyBanc
- Nuclear Stocks Like Cameco (NYSE:CCJ) Surge as Tech Giants Bet Big on Nuclear Energy
- Constellation Energy price target raised to $282 from $280 at Barclays