Here is Why Constellation Energy (CEG) Gained This Week

By Sultan Khalid | June 27, 2025, 3:48 AM

The share price of Constellation Energy Corporation (NASDAQ:CEG) surged by 5.25% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Here is Why Constellation Energy (CEG) Gained This Week
A close up of a wind turbine producing electricity as the sun sets.

Constellation Energy Corporation (NASDAQ:CEG) is the largest producer of carbon-free energy in the US, with over 34,200 MW of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets.

Constellation Energy Corporation (NASDAQ:CEG) received a boost this week after it was announced that it expects to restart the Three Mile Island plant as early as 2027 instead of the original forecast of 2028, after being put on a fast track to connect to the regional grid.

Originally shut in 2019 for economic reasons, the revived 837 MW pressurized water reactor will provide carbon-free energy to Microsoft data centers as part of the 20-year power purchase agreement Constellation signed with the tech giant last year.

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Disclosure: None.

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