Constellation Energy – Long-Term Public Investment

Constellation is the largest producer of carbon-free energy in the U.S., with a nuclear-first generation strategy. As the energy transition matures, we see Constellation not as a utility, but as a critical clean infrastructure company, one positioned to provide reliability at a scale most renewable-first models can’t yet match.

In 2024, Microsoft signed a landmark agreement with Constellation to procure 35% of its data center power from nuclear - validating nuclear’s role in high-intensity, low-carbon energy environments. We view this as the beginning of a broader shift in how institutions treat baseload power.

Position Thesis Includes:
• Zero-emissions baseload (nuclear)
• Climate-adaptive grid stability
• AI-era power demand growth
• Enterprise + institutional clean energy buyers
• Energy as infrastructure, not commodity

Have questions or want to learn more?
Reach out at: jason@laterpartners.com