CENTRUS ENERGY

Close KEY TAKEAWAYS Constellation Energy shares are surging in early trading Tuesday after the company said it had struck a 20-year deal to sell nuclear power to Meta Platforms, in the latest tech firm-to-nuclear tie-up aimed at powering data centers.Meta will buy the power generation of a Constellation nuclear plant in Clinton, Ill., to power its artificial intelligence ambitions.Nuclear power stocks NuScale Power, NuScale, and Oklo are jumping on the back of the Meta deal announced Tuesday. Constellation Energy (CEG) shares are surging in early trading Tuesday after the company said it had struck a 20-year deal to sell nuclear power to Meta Platforms (META), in the latest tech firm-to-nuclear collaboration aimed at powering data centers. Meta will buy the power generation of a Constellation nuclear plant in Clinton, Ill., to power its artificial intelligence (AI) ambitions. The financial terms of the deal weren't disclosed. Starting in June 2027, "the agreement supports the relicensing and continued operations of Constellation’s high-performing Clinton nuclear facility for another two decades after the state’s ratepayer funded zero emission credit (ZEC) program expires," Constellation said. "Securing clean, reliable energy is necessary to continue advancing our AI ambitions," Urvi Parekh, head of global energy at Meta, said of the deal. Tuesday’s deal between Constellation and Meta is giving nuclear stocks a fresh lift as the Instagram and Facebook owner joins tech rivals from Alphabet's (GOOGL) Google to Microsoft (MSFT) and Amazon's (AMZN) Amazon Web Services in pouring millions of dollars to boost their nuclear power access for AI. This deal builds on earlier efforts by Constellation, which said last year it would be restarting Pennsylvania's Three Mile Island Unit 1 nuclear plant to provide electricity for Microsoft’s data centers in a 20-year supply deal. More recently, executive orders signed by President Donald Trump last month to accelerate the approval of new reactors and strengthen fuel supply chains have also buoyed nuclear power stocks. Shares in Constellation, which are jumping 10% in early trading, have gained 40% so far this year entering Tuesday. NuScale Power (SMR), Oklo (OKLO), Vistra (VST) and Centrus Energy (LEU) are all up at least 3% in early trading Tuesday. Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com» Mehr auf investopedia.com

BETHESDA, Md. , May 29, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences.» Mehr auf prnewswire.com

Oklo (OKLO 1.67%) stock, a start-up nuclear power company developing mini-nuclear reactors, surged more than 10% yesterday after announcing a partnership with Korea Hydro & Nuclear Power. Alongside Centrus Energy (LEU 1.27%), the company has been riding an even bigger wave of investor enthusiasm that began last week, when President Trump on Friday signed a series of executive orders to promote development of the nuclear power industry in America.» Mehr auf fool.com