Constellation Energy in Podcasts
companyIllinois-based energy company managing power plants and energy supply
Mentions Over Time
Mentions in Podcasts
On the flip side, energy stocks like Vistra and Constellation Energy are taking a hit after President Trump announced a plan to shake up wholesale electricity markets.
Power producers such as Constellation Energy and Vistra, as well as NRG Energy, are on our biggest movers list this morning.
Financial arrangements weren't disclosed, but Constellation CEO Joe Dominguez said the Meta deal would help cover the costs of relicensing, upgrades and maintenance for the Clinton Clean Energy Center in Clinton, Illinois. It's the first deal of its kind in the U.S.
Constellation is happy to step up to the plate, giving new life to a Clinton-based plant that was actually slated to close back in 2017 after years of losses. A state credit program stepped in to keep it afloat through 2027, and now Meta is set to take the reins once that support ends, enabling it to expand output at the site by 30 megawatts.
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