company · Power & Utilities

Constellation EnergyCEG

The largest U.S. nuclear fleet operator and the counterparty that made 'restart a reactor for a tech company' real — its 20-year, ~835 MW Three Mile Island PPA with Microsoft is the template deal of nuclear-backed AI power.

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Earnings

DatePeriodEPS estActualSurpriseLinks
Aug 6, 2026upcomingJun/2026$2.24

Full calendar across tracked entities: /calendar

Relationships

MicrosoftMSFT
  • dealThree Mile Island restart deal signed(seller ↔ buyer) Sep 20, 2024
Three Mile Island Unit 1
  • dealThree Mile Island restart deal signed(seller ↔ facility) Sep 20, 2024

Events

  • Three Mile Island restart deal signed

    Constellation and Microsoft sign a 20-year, ~835 MW PPA to restart TMI Unit 1 as the Crane Clean Energy Center — the template deal for nuclear-backed AI power.

    DEAL · Sep 20, 2024 · role: seller · confirmed

Claims on record

  • Constellation will restart Three Mile Island Unit 1 under a 20-year PPA supplying Microsoft with roughly 835 MW.

    VERIFIED · Reuters · Sep 20, 2024

Coverage