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Google and Constellation Sign $4.3B Nuclear Deal for 890 MW

marketbrief.now

Constellation Energy will upgrade 11 nuclear reactors to provide electricity for Google's data centers under a new 20-year agreement that aims to add 890 MW to the PJM grid and is backed by $4.3B in investment, with Google also signing a separate 15-year supply deal covering an additional 2.7 GW of power and the first uprate of capacity expected in 2028.

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Key sources

  1. SOURCE@wallstengine“signed a 20-year nuclear power deal to add 890 MW to the PJM grid through upgrades at 11 reactors, backed by $4.3B in investment”x.com
  2. SUPPORT@firstsquawk“GOOGLE AND CONSTELLATION SIGN CONTRACT FOR 890 MW OF NUCLEAR POWER”x.com
  3. SUPPORT@kalshi“Google is set to close a $1 billion deal to buy nuclear power from Constellation for its data centers”x.com
  4. SUPPORT@jackprandelli“Amazon signed a 20-year agreement with Constellation for 690 MW from Calvert Cliffs in Maryland”x.com
  5. SUPPORT@shanumathew93“CEG’s Microsoft, Meta and Amazon nuclear contracts all run for 20 years”x.com
  6. SOURCEhuggingnewshuggingnews.com
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