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Microsoft Taps Constellation For 20-Year Carbon-Free Power – 3,400 Jobs Coming To Pennsylvania [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
company announced it signed a 20-year power purchase agreement with Microsoft Corporation (NASDAQ: MSFT The deal entails the launch of the Crane Clean Energy Center (CCEC) and the restart of Three Mile Island Unit 1, which was closed five years ago. As per this agreement, Microsoft will source energy from the renewed plant to align its PJM data centers' power use with carbon-free energy, supporting its sustainability goals. Unit 1 is next to TMI Unit 2, which has been shut down since 1979 and is being decommissioned by Energy Solutions. Unit 1 operates independently and was unaffected by the accident. Constellation will also seek a license renewal to extend operations until at least 2054. The CCEC is expected to be operational by 2028. Joe Dominguez, president and, CEO, Constellation said, “Powering industries critical to our nation's global economic and technological competitiveness, including data centers, requires an abundance of energy that is carbon-free and reliable ev
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