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Constellation, Google confirm nuclear energy deal tied to 890 MW of new PJM capacity
Seeking Alpha ·
Seeking Alpha reports: Constellation Energy jumped 7.2% pre-market Tuesday after announcing a long-term energy collaboration with Google to bring 890 MW of new nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability, with the first uprate expected to be delivered by 2028. The 20-year power purchase agreement will enable investments in new equipment and technology at 11 Constellation-owned nuclear units in Illinois, Pennsylvania, and New…