Amazon Secures Long-Term Electricity with Constellation Nuclear Deal
Amazon's shares traded at $247.33 on Thursday, up approximately 0.73%, as the company signed a 20-year nuclear power agreement with Constellation.
The deal supports expansion of Maryland's Calvert Cliffs plant and includes an additional 190 megawatts of generation expected between 2030 and 2032.
This brings the total capacity to 690 megawatts, supporting over $3 billion in investment across the existing facility.