Meta Secures 20-Year Nuclear Power Deal with Constellation Energy

Constellation Energy’s stock surged 11% to $345.84 per share after announcing a landmark 20-year nuclear power purchase agreement with Meta. The deal, effective June 2027, grants Meta access to 1,121 megawatts of emissions-free energy from the Clinton Clean Energy Center, aligning with the tech giant’s sustainability targets.

The partnership ensures the Clinton facility’s operation for two additional decades, including relicensing support post-2027 when its current zero-emission credit program expires. Constellation plans to increase the plant’s output by 30 megawatts through upgrades while preserving 1,100 jobs and generating $13.5 million in annual tax revenue.

Though the energy won’t power Meta’s operations directly, the agreement represents a strategic MOVE in corporate clean energy procurement. The deal also includes $1 million in charitable contributions to local nonprofits over five years, reinforcing its community impact.