Constellation Signed 920 Megawatts of New Power Deals, Including a Walmart PPA. Here's What It Means for CEG Stock.
Constellation Energy just made some massive announcements, including big orders and progress on the Microsoft deal.
Overview
The world’s largest retailer, Walmart (NASDAQ:WMT) has signed Constellation Energy (NASDAQ:CEG) to buy 176 megawatts (MW) of nuclear power over two 15‑year terms, beginning in 2029 and 2030.
That’s just one of the big highlights from Constellation Energy’s latest quarterly earnings report, signaling how the rush for stable, reliable clean power is no longer just a hyperscale story.
Details
Constellation’s latest long-term earnings growth forecast could make your jaw drop.
Source
Originally published at www.fool.com.
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