Constellation Energy Stock Drops 35th in Trading Volume as Meta Secures 1.1 Gigawatts of Nuclear Power

On June 4, 2025, Constellation Energy (CEG) experienced a significant decline, with its trading volume dropping by 56.46% to 15.01 billion, ranking 35th in the day's stock market activity. The stock price fell by 4.31%, marking the second consecutive day of decline, with a total decrease of 4.43% over the past two days.

Meta has entered into a 20-year agreement with Constellation Energy to purchase nuclear power. Starting in 2027, Meta will acquire approximately 1.1 gigawatts of nuclear energy from Constellation's Clinton Clean Energy Center in Clinton, Illinois. This deal is part of Meta's strategy to support its AI ambitions with clean and reliable energy sources.

The agreement not only secures a stable energy supply for Meta but also ensures the continued operation of Constellation's Clinton nuclear facility. This facility is crucial for maintaining over 1,100 local jobs and injecting $13.5 million annually into the local economy. The deal also supports the relicensing and continued operations of the high-performing Clinton nuclear plant, which is essential for adding more clean and reliable energy to the grid in the Midcontinent Independent System Operator's (MISO) region.

This long-term partnership between Meta and Constellation Energy highlights the growing trend of tech giants investing in clean energy solutions to power their data centers and AI initiatives. The deal is expected to have a positive impact on Constellation's stock performance, as it provides a stable revenue stream and reinforces the company's position as a leading provider of nuclear energy.