Constellation Energy Corporation (CEG)

The company now

On 27 October Constellation announced a conditional loan commitment of up to $5 billion from the US Department of Energy for nuclear uprates, upgrades that let an existing reactor make more power 13.

The Energy Department said the work would add nearly 1.1 gigawatts, and TechCrunch counted eight plants in Illinois, Maryland and Pennsylvania 23.

Constellation says the commitment is not final, because it depends on due diligence and definitive financing documents 1.

On 6 October Google and Constellation announced a 20-year power purchase agreement for 890 megawatts of new nuclear capacity at 11 Constellation-owned units 4.

Constellation put the new investment at more than $4.3 billion, with the first uprate expected by 2028 4.

A 20-year Amazon agreement signed on 30 September adds about 190 megawatts at the Calvert Cliffs plant in Maryland 6.

The Federal Energy Regulatory Commission accepted PJM's plan to buy backstop power on 29 September but suspended it for five months, to an effective date of 28 February 2027 9.

On 6 August the company raised its full-year guidance for adjusted operating earnings, its own non-GAAP measure, to a range of $11.50 to $12.50 per share 10.

As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.