Key Takeaways
- Constellation Energy expects capex of $3B in 2025 and $3.5B in 2026 for infrastructure upgrades.
- CEG will invest $800M to boost nuclear output by 160 MW at Byron and Braidwood by 2029.
- CEG’s EPS estimates for 2025 and 2026 are up 9% and 22%, with shares rising 4.2% in a month.
Constellation Energy Corporation (CEG Quick QuoteCEG – Free Report) is leveraging its capital spending to enhance the reliability and efficiency of its existing infrastructure and strengthen its position in the clean energy industry.
Capital expenditures play a crucial role in maintaining and enhancing a company’s existing energy infrastructure. These investments are used to repair, modernize, and upgrade assets, including nuclear power…
