EPISODE · May 12, 2026 · 1 MIN
Constellation Energy's AI Power Surge
from The Daily News Now! Business
Constellation Energys Q1 earnings soared, driven by their acquisition of Calpine, which made them the worlds largest private-sector power producer. Their adjusted earnings per share surged to $2.74 from $2.14 last year, and revenue jumped 64% to $11 billion. Data centers are flocking to them for reliable power, with deals like a 380 MW contract with CyrusOne. Management expects 23% growth in adjusted earnings per share in 2026, with a 20% annual growth rate in base earnings from long-term contracts. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/701012e18eb27ff4
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Constellation Energy's AI Power Surge
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