Constellation Energy Inks a Nuclear Power Deal with Walmart. Here's What Investors Need to Know.
In a big win for nuclear energy, the retailer will purchase around 176 megawatts of electricity.
Constellation Energy Inks a Nuclear Power Deal with Walmart. Here's What Investors Need to Know.
Overview
Monster retailer Walmart (Nasdaq:WMT) and powerful power utility Constellation Energy (Nasdaq:CEG) rarely end up in the headlines together. That sure wasn’t the case on Tuesday, as the two companies announced a power supply agreement that’s historic in several ways.
Since the deal will affect the futures of the two companies considerably, here’s a quick rundown of its key points for investors in one or both.
Details
That morning, Walmart and Constellation published a press release heralding the arrangement.
Source
Originally published at www.fool.com.
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