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AG
Alfred Gray
@alfredgray · Sep 24

Constellation Energy invests $1.6 billion to rebuild Three Mile Island nuclear plant

- Investment: Constellation Energy $CEG is investing $1.6 billion to restart the Three Mile Island nuclear power plant.

- The goal of bringing the plant back on lineA: The plant is expected to be back online in 2028.

- Deal with Microsoft : Microsoft $MSFT has entered into an agreement to purchase all of the electricity from the repowered plant, which will support its plan for carbon-free data center operations.

- Funding: the project is funded by Constellation $CEG s own coffers , with no government support.

- Largest power purchase agreement: This is the largest power purchase agreement in Constellation's history.

TM
Trevor Mills @trev_mills Sep 30

Maybe on a smaller position it could be a great trade, but it would take the stock to fall and then rise like it is now😂

AG
Alfred Gray @alfredgray Sep 30

I wish, I'd go for it right now :D

MS
Malcolm Stokes @stokes_malky Sep 30

As a deal, it's great and looks tempting, but I'd rather buy shares in a more stable company.

AG
Alfred Gray @alfredgray Sep 30

After a deal like this, I wouldn't really worry about stability here.

BC
Bill Combs @billcombs Sep 30

The stock is up nicely, but it's not for me.

AG
Alfred Gray @alfredgray Sep 30

I understand.

CB
Clive Bennett @_clivy Sep 30

That looks good. Too bad I didn't buy before.

AG
Alfred Gray @alfredgray Sep 30

And very good it is, unfortunately we can't know everything, there will certainly still be plenty of opportunities.

AA
Ashraf Aboudar @ashraf_dd Sep 25

Well, it did them a lot of good, too, for her stock. Whoever bought in hit the jackpot.)

AG
Alfred Gray @alfredgray Sep 25

To the extreme... Unfortunately, I'm not one of the lucky ones :D