stellation Energy (US:CEG) Yahoo Finance·2025-10-23 11:02Core Insights - Nuclear energy is experiencing a resurgence due to three main factors: supportive policies from President Trump, increasing demand for reliable power from AI data centers, and a transition from fossil fuels to clean energy [1][2][8] Industry Overview - The U.S. is the largest producer of nuclear energy globally, with plans to quadruple nuclear power capacity by 2050 under Trump's administration [2] - Several executive orders have been signed to streamline nuclear reactor licensing, restart inactive reactors, and boost domestic uranium production [2] Company Focus: Constellation Energy - Constellation Energy, which became a standalone public company in 2022, is dedicated to clean energy with a focus on nuclear power [4] - The company operates the largest nuclear fleet in the U.S. and is set to acquire Calpine in a $16.4 billion deal, which includes $12.7 billion of Calpine's debt, aiming to create a low-carbon energy giant with nearly 60 gigawatts of capacity [5] - This acquisition will enhance Constellation Energy's presence in rapidly growing AI data center markets and is expected to be immediately accretive to earnings and cash flows [6] Strategic Partnerships - Constellation Energy has secured significant power purchase agreements, including a landmark 20-year deal with Microsoft to supply power to its data centers, which involves restarting the shuttered Unit 1 of the Three Mile Island plant [7] - Another 20-year nuclear energy PPA was signed with Meta Platforms, indicating strong demand for nuclear energy [7]