Constellation could hash out similar deals with other hyperscalers, but it is a “high risk” investment, notes Citi’s Ryan Levine.

Constellation said the long-term contract will help extend the operating life of the Clinton plant, which faced possible closure after the expiration of its zero-emissions credit. The deal also includes a planned 30-megawatt capacity expansion.

Facebook parent Meta announced an unprecedented deal with Constellation Energy, the largest American nuclear power plant operator, cementing Meta’s turn to turn to nuclear energy to power its energy intensive,