Movement Alert|Constellation Energy Corp Rises 9.35% in Regular Trading, Google Signs 20-Year Nuclear Power Purchase Agreement Adding 890 MW

Market Focus
Yesterday

On October 6, Constellation Energy Corp rose 9.35% in regular trading, trading at $298.31/share, with Turnover of $328 million.

The move followed a landmark 20-year power purchase agreement between Google and Constellation, under which 890 megawatts of nuclear generating capacity will be added to the PJM grid. The companies also plan to deploy Google Cloud and Gemini Enterprise to build an energy-AI blueprint for next-generation grid operations, targeting improved affordability and grid resilience. The agreement builds on Constellation's earlier 20-year nuclear supply deal with Amazon covering 690 MW at Calvert Cliffs, reinforcing the scarcity value of zero-carbon baseload power amid rising data-center electricity demand.

Constellation Energy Corp is the largest producer of carbon-free energy in the United States, operating nuclear, hydro, wind, and solar facilities with roughly 33,094 megawatts of generating capacity, serving distribution utilities, municipalities, cooperatives, and commercial, industrial, governmental, and residential customers.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10