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.

Meta had to pull the plug on a nuclear-powered data center project after a rare bee species was discovered on the land where it was going to be built, according to the Financial Times.

Costs and reliability concerns related to the burgeoning trend of building energy-intensive data centers next to U.S. power plants were the focus of a technical conference held on Friday by the Federal Energy Regulatory Commission.

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, company executives said Monday, according to Reuters.

Supporting the development of data centers — including providing the enormous amounts of electricity they require — is a matter of national security, a top federal energy regulator said.

Costs and reliability concerns related to the burgeoning trend of building energy-intensive data centers on the sites of U.S. power plants were the focus of a technical conference held on Friday by the Federal Energy Regulatory Commission.

Meta's plans for an AI data center running on nuclear power were complicated partly by the discovery of a rare bee species nearby, the FT reported.