Constellation Energy to Sell 4.4 GW Natural Gas Assets for $5 Billion
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn March 18, 2026, Constellation Energy Corporation (NASDAQ: CEG) announced an agreement to sell approximately 4.4 gigawatts of natural gas-fired generation assets to LS Power Equity Advisors, LLC for $5 billion. This transaction addresses regulatory commitments associated with Constellation's prior acquisition of Calpine. The acquisition price amounts to approximately $1,142 per kilowatt. This divestiture covers all necessary assets required by the U.S. DOJ for antitrust review, along with FERC requirements, reflecting a significant regulatory compliance step for Constellation.
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About Constellation Energy (CEG)
Constellation Energy is the largest U.S. operator of nuclear power plants.
The Utilities sector covers electric, gas and water providers prized for steady, regulated income.
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