nuclear-news

Google, Constellation near deal for nuclear power, Bloomberg News reports

By Reuters, October 6, 2026, https://www.reuters.com/legal/litigation/google-constellation-near-deal-nuclear-power-bloomberg-news-reports-2026-10-06/

Google’s parent Alphabet (GOOGL.O)
, opens new tab is nearing a multi-year deal to ​buy nuclear energy from ‌Constellation Energy (CEG.O)
, opens new tab for $1 billion or more, Bloomberg News reported on Monday, ​citing people familiar with the ​matter.

• The deal could be announced ⁠as soon as this ​week, the report said.
• Google could not ​immediately be reached for comment outside regular business hours, while Constellation Energy ​declined to comment.
• Rising electricity ​demand from AI computing has renewed interest ‌in ⁠nuclear power, which offers steady, carbon-free energy.
• Last year, search giant Google partnered with NextEra Energy (NEE.N), opens new tab ​to restart ​an Iowa ⁠nuclear power plant. It also signed a deal ​last month with Southern ​Co (SO.N), opens new tab ⁠to support upgrades at two of its nuclear plants.
• Constellation has ⁠also ​signed power deals with Amazon.com(AMZN.O), opens new tab ​and Microsoft(MSFT.O), opens new tab previously.

Reporting by Fabiola Arámburo in ​Mexico City, Editing by Subhranshu Sahu

October 12, 2026 - Posted by Christina Macpherson | business and costs