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Constellation Energy Corporation (($CEG)) has held its Q2 earnings call. Read on for the main highlights of the call.
Constellation Energy Corporation (NASDAQ:CEG) is one of the 10 AI Stocks Making Waves on Wall Street. On August 8, KeyBanc ...
"Focusing just on the accounts [data centers] we have continually served over the last three years, we have seen their usage ...
Constellation Energy (CEG) posted Q2 earnings that topped Wall Street estimates. The company has made headlines for its deals ...
The agreement between Constellation and Meta doesn’t begin until mid-2027. However, both of these moves signal Meta’s huge commitment to AI and Constellation’s importance in enabling it.
Constellation, the biggest US nuclear operator, and Meta didn’t provide financial details. Under the deal, Constellation will invest in boosting Clinton’s output.
Constellation was spun off in 2022 by Exelon, which runs major electricity grids in Chicago, Philadelphia, Baltimore and Washington, D.C. Exelon distributes the power Constellation’s plants create.
Constellation’s Clinton nuclear plant will provide power to Meta, the owner of Facebook and Instagram, for 20 years as the company races to be a leader in artificial intelligence.
With the arrival of Meta, Clinton’s clean energy output will expand by 30 megawatts, preserve 1,100 local jobs and bring in $13.5 million in annual tax revenue, according to the companies.
Constellation Energy signs 20-year nuclear energy deal with Meta, extending the life of the Clinton nuclear plant and preserving 1,100 jobs.
On June 3, 2025, Constellation and Meta announced a 20-year virtual power purchase agreement (the “ PPA ”) for the output from the nuclear reactor at Constellation’s Clinton Clean Energy Center.
With the arrival of Meta, Clinton’s clean energy output will expand by 30 megawatts, preserve 1,100 local jobs and bring in $13.5 million in annual tax revenue, according to the companies.