# Who are Constellation Energy's customers? Who does Constellation Energy earn revenue from?
Canonical: https://valuechain.wiki/constellation-energy · Facet: customers · Updated: 2026-09-24T04:08:54.731233+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Constellation Energy's confirmed revenue counterparties include 마이크로소프트, FirstEnergy, 메타 플랫폼스 plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 4 revenue edges, backed by 5 dated sources, 2 of them primary filings (as of 2026-09-24).

### 마이크로소프트 (high)  → /microsoft.md
- note: Supplies restarted Three Mile Island Unit 1 power to Microsoft datacenters under a 20-year PPA (837MW).
- [confirms] SEC annual report (EN, filing, published 2026-02-18) https://www.sec.gov/Archives/edgar/data/1868275/000155278126000142/e26100_ceg-ars.pdf: "FY2025 revenue $25.53bn (+8.3%)"
- [confirms] Edaily (KO, news, published 2024-09-21) https://edaily.co.kr/News/Read?mediaCodeNo=257&newsId=01528486639022416: "Microsoft buys 100% of restarted TMI power for 20 years (837MW, ~$1.6B)."
- [confirms] SEC EDGAR (EN, filing, published 2024-09-20) https://www.sec.gov/Archives/edgar/data/0001868275/000186827524000058/ceg-202409208kexh991.htm: "Microsoft buys 100% of restarted TMI power for 20 years (837MW, ~$1.6B)."

### 퍼스트에너지 (high)  → /firstenergy.md
- note: Constellation Energy was among the winning suppliers in FirstEnergy subsidiary Potomac Edison's competitive solicitation for Maryland residential standard-offer power.
- [confirms] The Potomac Edison Company (EN, ir, published 2025-06-02) https://www.firstenergycorp.com/content/dam/upp/files/md/power/mdsosrfp/previous-solicitation-results/MD%20SOS%20Jun%202%202025%20Bid%20Results%20Residential.pdf: "Constellation Energy Generation LLC 1 (12-month) 52.2 6.7%."

### 전력시장·기업 PPA (비공개) (mid)
- note: Wholesale power market and corporate PPA revenue.
- [confirms] Edaily (KO, news, published 2024-09-21) https://edaily.co.kr/News/Read?mediaCodeNo=257&newsId=01528486639022416: "Largest US nuclear generator selling wholesale/corporate power."

### 메타 플랫폼스 (mid)  → /meta.md
- note: Supplies AI-datacenter power to Meta under a 20-year nuclear PPA.
- [confirms] Electimes (KO, news, published 2025-06-01) https://www.electimes.com/news/articleView.html?idxno=355996: "Meta signed a 20-year nuclear PPA with Constellation."

Reverse side: https://valuechain.wiki/constellation-energy/suppliers.md · Ripple: https://valuechain.wiki/constellation-energy/ripple.md

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Full node: https://valuechain.wiki/constellation-energy.md · JSON: https://valuechain.wiki/constellation-energy.json