Constellation Energy's Major AI Power Deal with Meta Begins in June 2027
Meta Platforms has entered into a long-term agreement to purchase clean energy attributes from Constellation Energy’s Clinton Clean Energy Center, covering 1,121 megawatts of nuclear generation over the next two decades. This is the largest AI-related power deal for Constellation and will not begin generating revenue until June 2027. The company's current earnings do not yet reflect this agreement due to its delayed start date. The Clinton plant continues operating under Illinois’s zero-emission credit program, which supports it financially until Meta takes over payments in mid-2027. Constellation also has other AI-related agreements with Microsoft and Walmart set for future activation between 2027 and 2032. These contracts are part of a broader strategy to align nuclear energy output with growing demand from tech firms. Despite the delayed revenue impact, Constellation's earnings have already grown significantly in Q2 2026 due to its acquisition of Calpine and favorable market conditions.
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Topics: AI Clean Energy Constellation Energy Meta Platforms Nuclear Power