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Reported directly by Bloomberg.com — the official primary source for this announcement.

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Home/Energy/Google Signs Deal with Constellation for Nuclear Power
VERIFIEDBy Xavier Rivera· ·1 min read

Google Signs Deal with Constellation for Nuclear Power

Google has contracted for power from Constellation Energy, with new nuclear energy accounting for about a quarter of the supply. The 20-year deal will enable more than $4.3 billion in new investment and upgrades at 11 nuclear units in the PJM grid.

Source:Bloomberg.com
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Google Signs Deal with Constellation for Nuclear Power
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TL;DRAI · 60 sec read

Google contracted with Constellation Energy for power from upgraded nuclear plants on the largest U.S. grid. A 20-year agreement covers 890 megawatts, with first delivery expected in 2028, plus a long-term deal for another 2,700 megawatts. The pact supports more than 4.3 billion dollars in new investment as tech firms seek electricity for data centers.

Google has contracted for power from Constellation Energy in the largest U.S. power grid.

Google secures 890 megawatts from upgraded nuclear plants. The companies announced a 20-year power purchase agreement covering 890 megawatts from multiple Constellation-owned nuclear power plants. The plants will be upgraded to produce more electricity from existing reactors. Electricity from the first of the upgraded plants is expected to be delivered in 2028.
The plants will be upgraded to produce more electricity from existing reactors.

Additional 2,700 megawatts supplied under long-term agreement. Google also entered a long-term supply agreement for 2,700 megawatts of power from Constellation in PJM. That portion is not tied to a specific generation source and provides long-term revenue certainty for Constellation's operating plants.
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Deal supports more than $4.3 billion in new investment. The arrangement will enable more than $4.3 billion of new investment by Constellation. It involves adding capacity at several of the power company's nuclear reactors in the Midwest and Mid-Atlantic regions.
Major tech companies are racing to secure massive amounts of electricity to power data centers across the U.S. by striking deals with power companies.
Eleven nuclear units targeted across three states. The 11 nuclear units expected to be upgraded are located in Illinois, Pennsylvania, and New Jersey. All sit within the footprint of PJM Interconnection, the largest U.S. electric grid.
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Tech firms race to lock in electricity supplies. Major tech companies are racing to secure massive amounts of electricity to power data centers across the U.S. by striking deals with power companies.
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