Google-Constellation Nuclear Deal Boosts Major Investor Stakes

Key Facts

1Google signed a 20-year power purchase agreement with Constellation Energy to fuel its AI data centers.

2Billionaire Philippe Laffont’s Coatue Management holds a $1.2 billion stake in Constellation Energy.

Google signed a 20-year power purchase agreement with Constellation Energy to fuel its AI data centers. Benzinga reported that the deal aims to secure carbon-free energy for Google's expanding AI infrastructure. Additionally, billionaire Philippe Laffont’s Coatue Management holds a $1.2 billion stake in Constellation Energy, according to the same report.

Constellation Energy closed at $267.62 on October 5, 2026, while GOOGL closed at $346.47 on the same date. Within the broader tech sector, MSFT closed at $525.18 and META closed at $741.90 on October 5, 2026, highlighting the scale of energy infrastructure investments required to support major computing needs.