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,

NEW YORK (Reuters) - 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.

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.