Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S. power plants, days after federal regulators dealt a blow to the so-called co-located arrangements, company executives said on Monday.

Constellation Energy (NASDAQ:CEG) will continue to pursue deals to develop data centers on the sites of its U.S. power plants, even after the Federal Energy Regulatory Commission ruled against "co-located" arrangements,

Constellation believes narrow reforms are required to provide clarity, fair pricing, and price stability for customers and generators alike

Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.

Constellation Energy will continue to pursue deals to develop data centres on the sites of its U.S. power plants.