Technology

59495 readers

3135 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

315

Three Mile Island owner seeks $1.6 billion federal loan to restart nuclear plant for Microsoft AI facility (www.phillyvoice.com)

submitted 1 month ago by ArtikBanana@lemmy.dbzer0.com to c/technology@lemmy.world

55 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Rentlar@lemmy.ca 19 points 1 month ago

Any notion that taxpayers are taking on risk here is fanciful given that any loan will be backstopped by Constellation's entire $80-billion-plus value.

Not to worry taxpayers, despite us paying out dividends to equity holders, our $70 billion plus value means this loan is still safe and sound!

Don't worry taxpayers about us spinning off 90% of our assets to Galaxy Brain Energy, a totally independent and different energy company that we didn't just pull out of our ass. The loan is still backed by our $7 billion plus value, trust!