Constellation Energy Shares Surge on Regulatory Breakthrough
Stock rises nearly 6% as FERC order signals a path forward for nuclear-powered data centers.
Olivia Sharp
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Constellation Energy stock jumped nearly 6% after FERC signaled a resolution to colocation rules, boosting the outlook for nuclear-powered data centers.
Shares of Constellation Energy (CEG) rallied on Thursday, closing up 5.89% at $361.05, as investors cheered a decisive regulatory move by the Federal Energy Regulatory Commission (FERC). The commission's order directing PJM Interconnection to clarify rules for data center colocation was interpreted as a positive signal for Constellation's nuclear assets.
The Nuclear Premium
Constellation, the largest owner of nuclear power plants in the U.S., is centrally positioned in the trend of powering AI data centers directly from generation sites.
- Regulatory Clarity: The FERC order forces a resolution to the "behind-the-meter" disputes that have stalled deals similar to the …
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