A major federal contract to purchase nuclear energy comes on the heels of similar deals made by Big Tech companies. The Biden administration wants to preempt price hikes as government agencies compete with energy-hungry data centers.

Constellation Energy has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government over the next decade, the company said on Thursday. Constellation, the country's largest operator of nuclear power plants,

Constellation Energy Corp. has signed a pair of deals with the US government to provide more than $1 billion of electricity and services, enough to fund upgrade projects that will boost capacity at the country’s biggest nuclear fleet.

The power plant owner has two deals with the U.S. government that are expected to pay out about $1 billion over the next several years.

Constellation Energy Corp. has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government, the company said on Thursday. Constellation, which is the country's largest operator of nuclear power plants,

Key Takeaways Constellation Energy shares jumped Thursday after the company and the U.S. General Services Administration announced a pair of contracts worth over $1 billion.Constellation will supply over a dozen government agencies with nuclear energy over the next decade as part of a 10-year,

Nuclear stocks ran higher on Thursday after Constellation Energy announced a nearly $1 billion contract to supply power to U.S. government agencies.

Constellation Energy Corporation (CEG) stock jumped more than 5% in mid-day trade on Thursday after the company announced it had signed a pair of deals with the US government to provide more than $1 billion of electricity and services.