Constellation Energy rose more than 12% in pre-market trading! Reached a 20-year power purchase agreement with Microsoft
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Constellation Energy and Microsoft have signed a 20-year power purchase agreement, which is expected to bring its Three Mile Island nuclear power plant in Pennsylvania back into service. This agreement is the largest power purchase agreement in Constellation Energy's history, with operations expected to resume in 2028 and plans to extend the operation of the nuclear power plant until at least 2054. In response to this news, Constellation Energy's stock price rose more than 12% in pre-market trading
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