Amazon Deal Boosts Constellation Energy's Prospects Amid Market Volatility

Constellation Energy Corporation's stock price closed at $257.49 on October 2, 2026, down 0.55% from its previous close and 37.6% below its 52-week high of $412.70.

The company's recent announcement of a 20-year power purchase agreement with Amazon has been seen as a positive development for the firm.

Under the terms of the deal, Constellation Energy will supply 690 megawatts of power to Amazon at its Calvert Cliffs Clean Energy Center in Maryland.

The agreement also includes plans to add 190 megawatts of emissions-free capacity between 2030 and 2032, as well as over $3 billion in infrastructure investment across the 1,790-megawatt plant.