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Constellation Energy is aiming to significantly benefit from the growing demand for reliable electricity for AI-related data centers. The company owns the largest fleet of nuclear power plants in the United States and has secured long-term contracts with major companies such as Microsoft, Google, Amazon, and Meta, valued at over $17 billion, to purchase electricity from its nuclear facilities. The company relies on extending the lifespan and operating of its existing assets and improving their efficiency rather than constructing new reactors. This approach makes it easier to meet the rising energy needs of the tech sector with clean and stable power, supported by a high track record of capacity factor performance for its nuclear plants.
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