The Department of Energy Office of Energy Dominance Financing issued a conditional loan commitment in June 2026 covering $17.5 billion to finance long lead time equipment purchases for commercial nuclear construction. The American Nuclear Supply Chain Loans program backs five projects sponsored by utilities and energy companies, aimed at accelerating deployment of 10 large scale reactors across the United States by as much as three years.
Long lead items are the binding constraint the program targets. Reactor pressure vessels, steam generators, large forgings, and turbine components carry order to delivery times measured in years, and utilities have been reluctant to place those orders before a project reaches financial close. Financing the orders separately allows procurement to start earlier in the sequence.
The same office continues disbursing against earlier commitments. A recent action released $155,944,659 toward an up to $1.52 billion loan guarantee to Holtec for the Palisades plant in Michigan, which will be the first restart of a US commercial reactor that had entered decommissioning. The office closed a $1 billion loan to Constellation Energy Generation in November 2025 supporting the Crane plant restart in Londonderry Township, Pennsylvania.
Taken together the commitments represent federal capital directed at both new construction supply chains and the return of retired capacity to service.
Source: ANS Nuclear Newswire - https://www.ans.org/news/2026-06-23/article-8142/doe-announces-175b-in-conditional-loans-for-ap1000-builds/