Constellation Energy Stock Jumps on $1 Billion in Deals With Federal Government
Key Takeaways Constellation Energy shares jumped Thursday after the company and the U.S. General Services Administration announced a pair of contracts worth over $1 billion.Constellation will supply over a dozen government agencies with nuclear energy over the next decade as part of a 10-year,
Constellation Energy awarded $1 billion to supply nuclear power to the U.S. government
Constellation Energy contracts, set to begin on April 25, estimated to provide electricity equivalent to power more than 1 million homes annually.
Constellation Energy Stock Is Leading the S&P 500. Nuclear Energy Has a New Fan.
The power plant owner has two deals with the U.S. government that are expected to pay out about $1 billion over the next several years.
Constellation Energy: Stock Climbs on Billion-Dollar Contract
Constellation Energy (NASDAQ: CEG) stock is up over 8% on January 2, 2025, following news of landmark contracts with the U.S. government. This price increase underscores the company's growing prominence in the clean energy sector and signals a potential turning point for nuclear energy's role in a sustainable future.
Constellation Energy, GSA ink largest-ever federal nuclear deal
The General Services Administration and Constellation Energy announced Thursday the largest-ever federal procurement of nuclear energy in its effort to power 14 federal agencies on carbon-free electricity by 2030.
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The ruling is a potential major setback for state and local attempts to block the tribe's billboard and gas station projects.
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Holiday calendar 2025: Every day off in the United States
Fixed date. Established as Armistice Day in 1938 to commemorate the end of World War I. In 1954, President Eisenhower signed ...