The company will invest $1.6 billion into the Three Mile Island nuclear plant to provide energy toward Microsoft's AI endeavors.
Baltimore-based Constellation Energy will lead Microsoft's charge to restart the nuclear plants on Three Mile Island. The Big Tech company will use the energy created to spur its AI endeavors, but needs a massive investment to get there. Constellation plans to spend $1.6 billion on improvements to get the facility up to par. While financial details of the deal have not been disclosed, Constellation touts the partnership with Microsoft as its "largest ever power purchase agreement." | Sponsored news: Point of interest | Members of the UM BioPark roundtable meet monthly to discuss issues that impact their companies and Maryland’s biotech and life sciences industries. |
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