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股价飙升逾13%!Constellation Energy与微软达成20年购电协议

Stock price soared more than 13%! Constellation Energy reaches a 20-year power purchase agreement with Microsoft.

Zhitong Finance ·  Sep 20 22:08

Constellation Energy announced on Friday that the company has signed a 20-year power purchase agreement with Microsoft.

Zhitong Finance APP learned that $Constellation Energy (CEG.US)$ On Friday, the company announced that it has signed a 20-year power purchase agreement with $Microsoft (MSFT.US)$ The agreement will enable Constellation Energy to restore service to one unit at the Three Mile Island nuclear power plant in Pennsylvania and keep it online for decades. Microsoft will use the purchased power to support its use of carbon-free energy in its datacenters in the PJM region.

Boosted by this news, Constellation Energy surged over 13% at the time of writing.

Constellation Energy stated that this is the largest electricity purchase agreement in the company's history. The financial terms of the agreement were not disclosed. Constellation Energy mentioned that they plan to fund the project themselves, without seeking support from state or federal governments. The company anticipates the Three Mile Island nuclear power plant to resume operations in 2028, seeking license renewals to extend the plant's operation until at least 2054.

Constellation Energy's President and CEO, Joe Dominguez, said: "Before closing early for economic reasons, this nuclear power plant was one of the safest and most reliable nuclear power plants on the grid. We look forward to bringing it back under a new name."

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