CONSTELLATION ENERGY CORP Stock Price, News & Analysis

Constellation (NYSE:CEG) marked the one-year anniversary of its announcement to restart the Three Mile Island Unit 1, now renamed Crane Clean Energy Center. The project has achieved significant milestones, with restart accelerated to 2027 and the facility 80% staffed with 500 full-time employees.

The restart is supported by a 20-year power purchase agreement with Microsoft. The project is expected to generate 3,400 direct and indirect jobs, contribute over $16 billion to Pennsylvania's GDP, and generate more than $3 billion in tax revenue. Technical inspections are near completion, and regulatory approvals, including PJM interconnection, are progressing as planned.

Constellation is also pursuing additional investments that could add up to 2,000 megawatts of new, clean baseload capacity to the grid through the Crane restart and existing nuclear plant upgrades.

Constellation (NYSE:CEG) reported exceptional performance of its nuclear fleet during the summer of 2025, with its 21 nuclear reactors achieving a 98.8% operational rate during June, July, and August. The company has invested over $7 billion in the past decade, including $5.5 billion in PJM, to enhance grid reliability and add clean energy capacity.

The nuclear fleet provided power to the equivalent of 16 million homes and businesses, demonstrating superior reliability during extreme weather conditions. Constellation is pursuing initiatives to add up to 2,000 megawatts of new clean baseload capacity through existing plant upgrades and restarting the Crane Clean Energy Center in Pennsylvania.

Constellation (Nasdaq: CEG) has appointed Chris Mudrick as its new chief nuclear officer, effective September 29, 2025, succeeding Dave Rhoades who is retiring after serving in the role since 2021. Rhoades leaves behind a 40-year legacy marked by operational excellence, with the company's nuclear fleet achieving an industry-leading capacity factor of over 94% in the past decade.

Mudrick, who recently returned to Constellation after serving as chief nuclear officer at Bruce Power in Canada, brings over 30 years of leadership experience. Under Rhoades' leadership, Constellation improved operational efficiency, including reducing refueling outage durations from over a month to less than three weeks through digitalization and streamlined planning.

Constellation (NYSE:CEG) has secured a landmark 20-year agreement with Meta for its Clinton Clean Energy Center, ensuring the nuclear facility's long-term future beyond May 2027. The facility, which employs over 530 people and contributes $13.5 million in annual taxes, generates enough clean electricity to power 800,000 homes.

The agreement includes plans to increase the plant's output by 30 megawatts through nuclear uprates. Constellation will invest $1 million over five years starting 2026 to support local community development. A Brattle Group study estimated that without this deal, Illinois' GDP would have fallen by $765 million annually.

The partnership also enables Constellation to explore opportunities for advanced reactor or small modular reactor development at the Clinton site, while supporting Meta's AI infrastructure needs.

Constellation Energy (Nasdaq: CEG) reported strong Q2 2025 results with GAAP Net Income of $2.67 per share, up from $2.58 in Q2 2024, and Adjusted Operating Earnings of $1.91 per share, increasing from $1.68 year-over-year. The company announced a significant 20-year Power Purchase Agreement with Meta for Clinton Clean Energy Center's full output.

Key developments include FERC and state regulatory approvals for the Calpine acquisition, expected to close by year-end, and the accelerated return to service of Crane Clean Energy Center in 2027. The company maintained its full-year adjusted operating earnings guidance of $8.90-$9.60 per share and executed a $400 million share repurchase program.

The nuclear fleet achieved a 94.8% capacity factor in Q2 2025, while the gas and pumped storage fleet reached a 98.3% dispatch match rate. The company continues to benefit from strong bipartisan legislative support for nuclear energy and expansion initiatives.

Constellation Energy Corporation (Nasdaq: CEG) has announced a quarterly dividend payment of $0.3878 per share on its common stock. The dividend will be paid on September 5, 2025, to shareholders who are recorded as owners by 5 p.m. Eastern time on August 18, 2025.

Constellation (Nasdaq: CEG), America's largest emissions-free energy producer, has opened applications for its 2025 E2 Energy to Educate grant program. The program offers grants up to $25,000 for grades 6-12 and up to $50,000 for college projects focused on energy innovation.

The initiative, entering its 16th year, has provided nearly $6.5 million in funding, impacting over 300,000 students nationwide. In 2024, the program awarded $500,000 across 20 projects, reaching nearly 12,000 students. Applications, due by October 1, 2025, must align with themes including energy access, sustainability, and nuclear technology.

Constellation (Nasdaq: CEG) and GridBeyond have partnered to launch an innovative AI-powered demand response (DR) program in PJM, aimed at helping business customers reduce energy costs during peak demand periods. The collaboration leverages GridBeyond's predictive analytics platform to optimize energy usage and enhance grid flexibility.

According to a Duke University study, if large energy users reduced consumption by just 0.25%, the U.S. could accommodate 76 gigawatts of additional energy consumption without new power plants, equivalent to 127 combined cycle gas plants. The average curtailment duration would be only 1.7 hours per year.

The program features advanced capabilities including real-time grid data, automated systems, and sub-meter level load isolation, offering businesses unprecedented opportunities to participate in grid-balancing services while minimizing operational disruption.

Calpine Corporation has announced a significant 190-megawatt (MW) agreement with CyrusOne to power a new hyperscale data center in Bosque County, Texas. The project, named DFW10, represents a $1.2 billion infrastructure investment and will be located adjacent to the Thad Hill Energy Center.

The first phase of the data center will span 190,000 square feet and is expected to be operational by Q4 2026. The facility will feature climate-neutral initiatives, water conservation, and biodiversity protection measures. Calpine's total generation capacity of ~9,000 MWs in ERCOT will be able to deliver up to 400 MWs to data centers in Bosque, Texas through its Powered Land Capabilities (PLC) solution.