Alphabet nears $1 billion-plus nuclear deal with Constellation - Bloomberg
Stockwhiz•05/10/2026•21:30 ET
187
Key Highlights
- ➤Alphabet nearing multi-year nuclear power deal worth $1 billion or more
- ➤Constellation Energy is the biggest US reactor operator
- ➤Amazon agreed to buy 690 megawatts from Constellation last week
- ➤Microsoft agreed in 2024 to purchase electricity from shuttered Three Mile Island
- ➤Google secured nuclear capacity from NextEra and Southern through recent agreements
Alphabet is nearing a multi-year agreement to pay Constellation Energy $1 billion or more for nuclear power as technology companies secure electricity for expanding data-center demand.
The agreement could be announced as soon as this week, according to people familiar with the discussions, who asked not to be named because the information is private. Google parent Alphabet Inc. (NASDAQ: GOOGL) and Constellation Energy Corp. (NASDAQ: CEG) declined to comment on Monday.
Get started
Create a free account to read the full story.