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Constellation Energy10-K: Capex increase

Secured $1.0B DOE loan guarantee to restart Crane Clean Energy Center for Microsoft PPA.

What happened

The project to restart the nuclear plant, backed by a $1.0B loan guarantee and a 20-year Power Purchase Agreement with Microsoft, represents a major capital expenditure.

Source

SEC EDGARFeb 24, 2026

Annual report (Form 10-K)

Constellation Energy 10-K for FY2025

Filing excerpt

In November 2025, the DOE Office of Energy Dominance Financing issued a guarantee for up to $1.0 billion as an unsecured loan to support the restart of the Crane Clean Energy Center.

sec.gov/Archives/edgar/data/1168165/000186827526000032/ceg-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Capex increase

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 24, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$1B (DOE loan guarantee to support the restart of the Crane Clean Energy Center)

Details

CIK
1168165
Accession number
0001868275-26-000032
Timeframe
Multi year
Filing year
2026
Why it matters
Budget available
Signal category
Financial

Topics and mentions

Technologies

  • nuclear

Vendors

  • Microsoft

Regions named

  • PJM

Extraction

Confidence
High
Relevance
100%
Sentiment
Positive
Detected
Mar 3, 2026
signal_type
sec-10k
signal_subtype
capexIncrease

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/b3da8e49-5059-4b02-a7b3-afa8e663f1e4 returns this record as JSON. POST /v1/companies/enrich returns every signal for constellationenergy.com.

{
  "signal_id": "b3da8e49-5059-4b02-a7b3-afa8e663f1e4",
  "signal_type": "sec-10k",
  "signal_subtype": "capexIncrease",
  "detected_at": "2026-03-03T05:50:58.314+00:00",
  "company": {
    "name": "Constellation Energy",
    "domain": "constellationenergy.com"
  },
  "data": {
    "detail": "The project to restart the nuclear plant, backed by a $1.0B loan guarantee and a 20-year Power Purchase Agreement with Microsoft, represents a major capital expenditure. This creates needs for construction, engineering, regulatory compliance, and operational technology vendors to support the complex restart process.",
    "metrics": {
      "timeframe": "multi_year",
      "dollar_context": "DOE loan guarantee to support the restart of the Crane Clean Energy Center",
      "dollar_millions": 1000
    },
    "summary": "Secured $1.0B DOE loan guarantee to restart Crane Clean Energy Center for Microsoft PPA.",
    "excerpts": "In November 2025, the DOE Office of Energy Dominance Financing issued a guarantee for up to $1.0 billion as an unsecured loan to support the restart of the Crane Clean Energy Center.",
    "relevance": 1,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1168165/000186827526000032/ceg-20251231.htm",
    "filing_date": "2026-02-24",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Budget available",
    "signal_category": "financial",
    "regions_mentioned": [
      "PJM"
    ],
    "vendors_mentioned": [
      "Microsoft"
    ],
    "technologies_mentioned": [
      "nuclear"
    ]
  }
}

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