The Latest Breaking News from Constellation

Data centers are expected to result in a massive demand for power.

Explore two outstanding stocks that are poised for growth by capitalizing on recent power supply deals with major tech firms and surging global electricity demand.

Microsoft will purchase energy produced by the restarted Three Mile Island nuclear plant

Constellation Brands is all set to announce its second-quarter results next month, and analysts are projecting a double-digit growth in the company’s bottom-line figure.

Constellation, an energy company that provides electricity and natural gas to customers in 16 states and Washington, announced on Sept. 20, 2024, that it plans to restore and restart Unit 1 at Three Mile Island, a nuclear plant near Middletown, Pennsylvania, that was shut down in 2019. Microsoft has signed…

Microsoft and Constellation Energy just inked a 20-year nuclear energy deal.

Constellation's Three Mile Island deal with Microsoft is worth perhaps $115 per megawatt hour, twice or more the current market price of electricity - and more deals are likely in the works. After the announcement, CEG jumped as much as 22%, the most on record, to an all-time high. Since…

Constellation Energy received price-target increases Monday after its deal with Microsoft.

The plant last operated in 2019, and was the site of the most significant commercial nuclear power accident in US history.