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Wajeeh Khan

Constellation Energy Just Landed a Major Meta Platforms Deal. How Should You Play the Nuclear Energy Stock Here?

Constellation Energy Constellation Meta United States UBS

Constellation Energy (CEG) shares are inching up on Tuesday, June 3 after Meta Platforms (META) announced a 20-year nuclear power agreement with the largest U.S. producer of carbon-free energy. 

Meta has agreed to buy more than 1 gigawatt of energy, or the entire output from CEG’s nuclear facility in Illinois, to meet the ever-increasing power demand of its AI data centers. 

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