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A major, multi-year PPA with Walmart increases CEG's contracted revenue base and earnings visibility, which historically supports multiple expansion. The lack of disclosed terms tempers immediate upside, but the headline itself signals durable demand and potential valuation support as details emerge.
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Walmart announced a long-term nuclear power purchase agreement with Constellation Energy, providing a stable, carbon-free energy source for the retailer. The deal expands Constellation's contracted generation backlog and improves revenue visibility, supporting near- to mid-term earnings prospects. Details on capacity, price, or duration were not disclosed.
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