Constellation Energy already runs the largest nuclear fleet in the United States and has spent the last couple of years signing big power deals with data center operators and retailers to restart reactors and keep existing plants online longer.
With Microsoft taking the restarted Three Mile Island unit and Meta locking up output from Clinton, Constellation is now looking for developers to help them bring new capacity online faster.
Their most recent move is a strategic equity investment in Blue Energy through Constellation Technology Ventures (CTV). This targets Blue Energy's shipyard-based prefabrication and project financing model for small modular reactors.
As we reported earlier on the GE Verno