Oracle has committed to purchasing a portion of the electricity generated by the Point Beach Nuclear Plant in Wisconsin, which has provided reliable, carbon-free power for over 50 years. This move is expected to save Wisconsin utility customers around $300 million in fuel costs, helping to shield them from rising energy expenses and maintain grid reliability. The commitment supports more than 1 million customers and complements Oracle's broader investments in Wisconsin, including Project Lighthouse, a major data center development. The deal is pending approval by the Public Service Commission of Wisconsin.
Oracle's stock is currently trading at USD 141.55 on Pluang, showing a 1-day gain of 2.51%. The company's market cap stands at $418.56 billion, with a strong buy interest of 72% among Pluang users as of Oct 02, 2026 20:13 WIB.
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