Alphabet nears billion dollar nuclear energy deal with Constellation
Alphabet, the parent company of Google, is close to finalizing a major agreement to purchase nuclear energy from Constellation Energy. According to a report by Bloomberg News on Monday, the deal could span multiple years and be worth $1 billion or more.
The report cited sources familiar with the matter but did not provide further details on the specifics of the agreement or the timeline for its completion.
This potential deal highlights Alphabet's growing interest in sustainable energy solutions, particularly nuclear power, which is seen as a reliable and low-carbon energy source.