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Constellation, Amazon Sign 20-Year Deal for 190MW Nuclear Power

Constellation and Amazon have inked a 20-year power purchase agreement that will support the continued investment in and expansion of the Calvert Cliffs Clean Energy Center, Maryland's sole nuclear plant and largest source of clean energy. This agreement is expected to enable over $3 billion in investments.

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08:25:20 PM UTC
SquawkNews
By Katherine HamiltonConstellation Energy and Amazon signed a $3 billion deal to invest in and expand a nuclear plant in Maryland.The companies plan to invest in infrastructure at the 1,790-megawatt Calvert Cliffs Clean Energy Center. They also aim to add 190 megawatts of new, emissions-free genera…

Constellation (NASDAQ:CEG) and Amazon (NASDAQ:AMZN) today said they have entered into a long-term agreement that will support continued investment in and expansion of the Calvert Cliffs Clean Energy Center, Maryland’s only nuclear plant and its largest source of clean energy. The deal will help back more than $3 b…