Earnings call briefThird-quarter 2026
Constellation Energy expects nuclear uprate costs of about $4.3 billion
The company said $3 billion of the total is expected to be incremental growth capital from 2028 through 2032.
GetSignal Constellation Energy CEG
Constellation Energy said on its third-quarter call that total costs for its nuclear uprate projects are expected to be approximately $4.3 billion. Of that, $1.3 billion was already included in its March growth capital outlook.
The company said a conditional U.S. Department of Energy loan of up to $5 billion would cover up to 80% of eligible project costs.
Quotes from the call
“Total project costs are expected to be approximately $4.3 billion, $3 billion of which is incremental growth capital from 2028 through 2032.”
Key facts from the call
- Expected total uprate project costs
- Approximately $4.3 billion
- Expected incremental growth capital, 2028 to 2032
- $3 billion
- Conditional DOE loan commitment
- Up to $5 billion
- Loan coverage of eligible project costs
- Up to 80%
Source: Constellation Energy's third-quarter 2026 earnings call, November 9, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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