Constellation Energy Stock Soars Following $1 Billion Federal Contracts

Reported 2 days ago

Constellation Energy's stock surged after the company secured two significant contracts with the U.S. federal government, totaling over $1 billion. One deal, worth $840 million, involves supplying nuclear energy to more than a dozen government agencies over the next ten years. The other $172 million contract focuses on energy conservation upgrades for various government buildings, marking a notable shift as the federal government embraces nuclear energy, aligning with recent trends in the tech industry.

Source: YAHOO

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