Constellation’s Stock Soars on Nuclear Power Deal with Meta: AI Fueling Growth

Constellation Energy (CEG) shares surged over 13% in premarket trading, reaching a new high of $355.50 following the announcement of a groundbreaking 20-year nuclear power agreement with Meta Platforms (META). This deal secures 1,121 megawatts of emissions-free energy from Constellation’s Clinton Clean Energy Center to fuel Meta’s AI ambitions. Experts believe this surge highlights the vital role nuclear power plays in supporting energy-intensive AI operations.