Constellation Energy to supply nuclear power to Walmart facility under 15-year deal
Walmart has secured a 15-year agreement for nuclear electricity from Constellation Energy. The deal involves 176 megawatts of power from the Dresden Clean Energy Center in Illinois. This is the first nuclear power agreement for the retail giant.
What changed
The specific capacity of the energy deal is now known to be 176 megawatts.
Live updates
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Walmart and Constellation Energy Ink 176 Megawatt Nuclear Power Deal
confidence 100%Walmart has secured a 15-year agreement for nuclear electricity from Constellation Energy. The deal involves 176 megawatts of power from the Dresden Clean Energy Center in Illinois. This is the first nuclear power agreement for the retail giant.
What's confirmed:
- Walmart and Constellation Energy entered a clean energy deal for 176 megawatts of nuclear power.
- The agreement lasts 15 years and utilizes the Dresden Clean Energy Center in Illinois.
Still unconfirmed:
- Morgan Stanley increased its price target for Constellation Energy to $364 on June 24.
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Constellation Energy and Walmart Sign 15-Year Nuclear Power Deal
confidence 95%Walmart has entered its first nuclear power agreement with Constellation Energy to supply electricity from the Dresden Clean Energy Center in Illinois. The 15-year deal aims to support Walmart's expansion and improve grid reliability through emissions-free energy. This agreement signals demand for nuclear power beyond AI data centers.
What's confirmed:
- Constellation Energy and Walmart signed a 15-year nuclear power deal.
- The agreement provides emissions-free energy from the Dresden Clean Energy Center in Illinois.
- This is the first nuclear deal for Walmart.
Still unconfirmed:
- Walmart will purchase approximately 176 megawatts of electricity.
- Constellation Energy stock could be 25.6% undervalued following the deal.