Constellation Energy (NASDAQ: CEG) saw its stock surge over 15% on Tuesday after Meta Platforms (NASDAQ: META) announced a landmark 20-year agreement to purchase nuclear energy from CEG’s Clinton Clean Energy Center in Illinois.
The deal not only marks Meta’s first official entry into nuclear energy but also places Constellation at the heart of a growing clean energy movement led by tech giants.
Why This Deal Matters for CEG Stock
Beginning in June 2027, Meta will purchase the entire 1.1-gigawatt output of the Clinton facility energy that will power the regional grid and support Meta’s push toward 100% clean electricity, especially as it scales its AI operations.
Investors reacted swiftly to the news. The 15% jump in CEG stock underscores growing market confidence in nuclear as a stable long-term revenue source and affirms Constellation’s strategic position in future-facing energy solutions.
“Sometimes the most important part of our journey forward is to stop taking steps backwards,” said Joe Dominguez, CEO of Constellation, highlighting the deal’s role in preventing the premature closure of the Clinton plant.
Meta’s Nuclear Power Ambitions
This partnership is Meta’s first confirmed nuclear energy purchase, but it’s likely just the beginning. In December 2024, Meta issued a request for proposals seeking to add up to 4 GW of new nuclear capacity to its portfolio, with a particular interest in advanced nuclear solutions like SMRs (Small Modular Reactors).
“Securing clean, reliable energy is necessary to continue advancing our AI ambitions,” said Urvi Parekh, Meta’s global energy head. The Clinton deal is expected to support Meta’s long-term energy demands while reinforcing America’s leadership in clean tech.
Broader Context: Big Tech’s Nuclear Pivot
The Meta-CEG agreement is the latest in a series of major moves by tech companies:
- Microsoft signed a similar 20-year deal with Constellation to power facilities via the planned restart of Three Mile Island.
- Google pledged support for three new nuclear sites and partnered with Kairos Power for advanced modular reactors.
- Amazon invested $500 million in SMR development and acquired a nuclear-powered data campus earlier this year.
These companies, along with Meta, signed a World Nuclear Association pledge in March 2025 to triple global nuclear capacity by 2050.
What It Means for Investors
- CEG stock is now viewed as a strategic energy partner for tech’s clean future.
- The Clinton facility’s output will increase by 30 megawatts under the deal.
- Constellation may soon seek approval for an SMR at the site, further expanding its footprint.
Regulatory Tailwinds
The U.S. nuclear industry is also benefiting from four new executive orders signed by President Donald Trump, aiming to:
- Quadruple U.S. nuclear power capacity by 2050
- Overhaul the Nuclear Regulatory Commission
- Accelerate permitting for reactors and build domestic fuel supply chains
Constellation’s positioning both with existing infrastructure and future SMR potential makes CEG stock a compelling long-term play for investors looking at the intersection of energy security, tech, and decarbonization.
