Constellation Energy's Calpine Signs 380 MW Power Agreement with CyrusOne
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy CEG?
Source: NASDAQ.COM
- Power Supply Agreement: Constellation Energy's subsidiary Calpine has signed a 380-megawatt power supply agreement with Dallas-based CyrusOne to provide electricity and infrastructure for a new data center adjacent to the Freestone Energy Center in Texas, ensuring smooth development of the facility.
- Phase Two Expansion: Calpine has also entered into an exclusive agreement to provide an additional 380 MW of power and infrastructure support, indicating the company's commitment to the data center market and preparing for future power demand growth.
- Regional Grid Support: This agreement allows CyrusOne to access the necessary power and grid connectivity, ensuring electricity supply for the new facility while maintaining regional grid stability, thereby enhancing Calpine's competitiveness in the power market.
- Positive Market Reaction: In pre-market trading on Nasdaq, Constellation Energy shares rose by 0.84% to $263.61, reflecting the market's positive response to the new agreement, which may drive future growth potential for the company.
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Analyst Views on CEG
Wall Street analysts forecast CEG stock price to rise
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 276.120
Low
350.00
Averages
414.86
High
460.00
Current: 276.120
Low
350.00
Averages
414.86
High
460.00
About CEG
Constellation Energy Corporation is a producer of emissions-free energy and an energy supplier to businesses, homes and public sector customers nationwide. The Company’s nuclear, hydro, wind, and solar generation facilities have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation's clean energy in the United States. Its segments include Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. Through its integrated business operations, it sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. Its nuclear fleet has a generating capacity of approximately 22 gigawatts (GWs). It operates approximately 10 GWs of natural gas, oil, hydroelectric, wind, and solar generation assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increased Federal Support: Growing federal support for nuclear energy is driving a surge in demand, creating a favorable market environment for Constellation Energy to capitalize on.
- Investment Opportunity Emerges: Despite a recent pullback in stock prices, this may present a compelling long-term entry point for patient investors, particularly against the backdrop of rising nuclear energy demand.
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See More
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- Price Volatility and Growth Potential: Vistra exhibits higher volatility with a beta of 1.44, and although its stock has slightly declined year-to-date, it trades at a reasonable forward P/E ratio of 15.5, indicating market optimism about its growth prospects, particularly due to its long-term nuclear agreement with Meta.
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See More
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- Market Performance Decline: As of February 9, 2026, Constellation Energy's stock has fallen over 23%, reflecting market concerns about its profitability, although it still offers stable cash flow and a $1.55 annual dividend per share, making it attractive for income investors.
- Profitability Fluctuations: Constellation's adjusted operating earnings improved from $860 million in Q3 2024 to $952 million in 2025, despite a net income of $930 million, which decreased from the previous year, indicating that the company still needs to enhance operational efficiency to improve profitability metrics.
- Vistra's Diversification Advantage: Vistra's flexibility in the electricity market is evident in its diversified asset portfolio, including natural gas, nuclear, and renewable energy, while its long-term nuclear agreement with Meta has garnered investor interest, even though its stock has slightly declined year-to-date.
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See More
