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| Period | Contracted clean (million MWhs) | Contracted clean ($/MWh) |
|---|---|---|
| 2026 | 36 | 70 |
| 2027 | 45 | 70 |
| 2028 | 53 | 77 |
| 2029 | 54 | 85 |
| 2030 | 53 | 88 |
| Period | Milestone | Status | Notes |
|---|---|---|---|
| Sep 2024 | Microsoft 20-year PPA signed | Complete (20 Sep 2024) | About 835 MW. Microsoft purchases output from the restarted plant. |
| Nov 2025 | DOE-guaranteed FFB loan close | Closed (17 Nov 2025); undrawn as of 6 Aug 2026 | Up to $1.0 billion. Matures November 2055. Spread 0.375% over comparable Treasuries. No borrowings as of the Q2 2026 10-Q. |
| Mar 2026 | FERC CIR transfer waiver filed | Complete (filed March 2026) | Request to transfer Capacity Interconnection Rights from Eddystone Units 3 and 4 to Crane. |
| Jun 2026 | FERC CIR transfer waiver granted | Complete (June 2026) | Intended to cut contingent PJM upgrades that a Phase I study had flagged with in-service dates as late as December 2030. |
| Q2 2026 | NRC fuel license amendment | Complete (approved Q2 2026) | Q2 2026 earnings release: NRC approved Crane's fuel license amendment request. |
| 2027 (target) | Commercial operations / restart | Target (accelerated from original 2028) | Q2 2026 earnings release: moving closer to restarting operations in 2027. Still subject to remaining NRC and other approvals. |
| Period | Counterparty | Capacity (MW) | Resource | Start / term |
|---|---|---|---|---|
| Sep 2024 | Microsoft (Crane) | 835 | Nuclear restart | 20-year PPA. Target first power 2027. |
| Jun 2025 | Meta (Clinton) | 1,121 | Nuclear (existing plant plus 30 MW uprate) | 20-year PPA. Begins June 2027. |
| 2H 2025 | CyrusOne (Thad Hill) | 400 | Natural gas colocation (Calpine) | Announced 2H 2025 in the Q4 2025 earnings release. |
| Feb 2026 | CyrusOne (Freestone) | 380 | Natural gas colocation (Calpine) | Plus exclusive agreement for Phase 2 of an additional 380 MW (not added as contracted MW). PUCT approved Freestone net metering in Q1 2026. |
| Q2 2026 | Investment-grade customers (nuclear PPAs) | 920 | Nuclear (existing fleet, including Dresden) | Additional 15- to 20-year PPAs starting 2029 through 2032. Includes 176 MW Walmart (announced 23 June 2026) enabling a 30 MW Dresden uprate. |