Constellation said the long-term contract will help extend the operating life of the Clinton plant, which faced possible closure after the expiration of its zero-emissions credit. The deal also includes a planned 30-megawatt capacity expansion.

Facebook parent Meta announced an unprecedented deal with Constellation Energy, the largest American nuclear power plant operator, cementing Meta’s turn to turn to nuclear energy to power its energy intensive,

Constellation Energy (NASDAQ:CEG) -3% in Wednesday's trading as Citi downgraded shares to Neutral from Buy, citing limited near-term upside following the stock’s recent rally and news of its power purchase agreement with Meta.