Alphabet signs 20‑year nuclear power purchase agreement with Constellation Energy
Alphabet announced a 20‑year power purchase agreement with Constellation Energy to obtain 890 megawatts of nuclear electricity. The deal is intended to meet the growing electricity demand of Alphabet’s data centers, especially for artificial‑intelligence workloads. Constellation will invest more than $4.3 billion in expansion projects to support the agreement. The power will be delivered into the PJM Interconnection grid.
Why it matters
The agreement gives Alphabet a predictable, long‑term source of clean electricity, which can help stabilize its data‑center operating costs. For Constellation, the contract provides a stable cash‑flow stream from a high‑profile technology customer.
Key facts
- 1Alphabet announced the agreement on October 6, 2026. gurufocus.com
- 2The contract runs for 20 years. gurufocus.com
- 3It will supply 890 megawatts of nuclear capacity. gurufocus.com
- 4Constellation Energy will invest more than $4.3 billion in expansion projects to support the deal. finance.biggo.com
- 5The electricity will feed into the PJM Interconnection grid. finance.biggo.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.