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Constellation and Amazon Announce 20-Year Power Purchase Agreement Adding 190 Megawatts of Nuclear Capacity at Calvert Cliffs

$AMZNPress releaseSep 30, 2026, 4:00 PM ETRead the release

Amazon and Constellation signed a 20-year power purchase agreement covering 690 megawatts of nuclear capacity at Maryland's Calvert Cliffs plant, including a 190 MW uprate coming online between 2030 and 2032. The deal enables more than $3 billion in infrastructure investment, supports relicensing of the plant for another 20 years, and includes a retail supply agreement for Amazon operations across the 13-state PJM market.

Key figures

Pjm states
13
Ppa term years
20
New capacity mw
190
Plant capacity mw
1790
Investment enabled
more than $3 billion in Maryland infrastructure investment
New capacity online
between 2030 and 2032
Total contracted mw
690

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.