Google Reportedly Nears $1bn-Plus Nuclear Power Deal with Constellation
October 6, 2026 - 8:59 am
Alphabet’s Google (read more here) is close to an agreement to buy nuclear power from Constellation Energy, according to Bloomberg reports. Under the multi-year deal, Google would pay Constellation $1bn or more, sources tell us.
Bloomberg suggests an announcement may come this week, though Constellation declined to comment to Reuters. Constellation operates more U.S. nuclear reactors than any other company. The report did not specify which plants would supply Google or the electricity coverage of the deal.
Google has been expanding its nuclear power portfolio throughout the year. Last month, it agreed to contribute to upgrades at two Georgia Power nuclear plants, Vogtle and Hatch, adding approximately 96 megawatts of capacity. That deal still requires approval from Georgia’s utility regulator, per the Atlanta Journal-Constitution.
In Iowa, Google is also purchasing the Duane Arnold plant, which NextEra Energy is reactivating. The U.S. government provided a $1.9bn restart loan for that project in September.
Constellation, meanwhile, already supplies nuclear power to other major tech companies. In 2024, Microsoft secured a 20-year deal to reactivate a unit at Three Mile Island in Pennsylvania. A year later, Meta agreed to purchase the full output of the Clinton plant in Illinois starting in 2027. Amazon has also signed a power agreement with the company.
The surge in AI-driven demand is behind this trend. Data centers require round-the-clock electricity, and nuclear plants can provide it reliably without emitting carbon, unlike wind and solar energy sources. Google has also joined Nvidia in an industry alliance to help data centers adjust their power usage during grid strain periods.
Although safety concerns and high costs led to a decline in atomic energy popularity in the early 2010s, nuclear power has seen a resurgence in recent years.