America’s largest operator of nuclear power plants, Constellation, secured a historic agreement on Thursday, Jan. 2, with the U.S. government. The deal is worth more than $1 billion and will supply more than a dozen federal agencies and lead conservation projects over the next decade.
It’s reportedly the biggest energy purchase in the U.S. General Services history and means Constellation, which is based out of Baltimore, will power some 80 government facilities starting in late April. The deal includes powering buildings that are home to the U.S. Department of Transportation and U.S. Army Corps of Engineers.
The deal also includes one contract worth $840 million for the electricity supplied by Constellation. The second contract awards Constellation $172 million to complete conservation projects like weatherizing federal buildings and expanding the installation of LED lights at government facilities.
Constellation’s CEO said the contract is a sign of how things have changed toward more investment in nuclear energy. He notes nuclear energy has largely been left out of corporate and government purchases in the past.
GSA officials said this purchase gives the U.S. government budget stability amid uncertain electricity costs in the future and growing demand from artificial intelligence facilities by keeping energy prices fixed over the next 10 years.
