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Constellation Energy Corp (CEG) delivers carbon-free energy through one of America's largest nuclear fleets and a growing portfolio of renewable assets. This news hub provides investors and stakeholders with essential updates on operational developments, regulatory milestones, and strategic initiatives shaping the clean energy transition.
Track official press releases, financial announcements, and market analyses related to CEG's nuclear operations, wind/solar expansions, and energy innovation projects. Our curated feed ensures timely access to material disclosures including:
• Quarterly earnings and financial performance
• Regulatory updates and policy impacts
• Renewable energy project announcements
• Strategic partnerships and technology investments
Bookmark this page for direct access to primary source materials from Constellation Energy, complemented by contextual reporting on its role in advancing reliable, sustainable power generation across key U.S. markets.
Calpine (NYSE:CEG) closed a Texas Energy Fund loan to support development of the 460-megawatt Pin Oak Creek peaking facility adjacent to its Freestone Energy Center in Freestone County, Texas.
The facility is under construction and is expected to be operational before summer 2026; it is designed to start within minutes to supply additional power during periods of peak demand and support continued economic growth in Texas.
Calpine (NYSE:CEG) marked the 65th anniversary of The Geysers on October 13, 2025, celebrating six decades of commercial geothermal operations that began in 1960.
Calpine operates 13 geothermal plants across 45 square miles at The Geysers, producing enough renewable electricity to power approximately 725,000 homes annually. The site employs nearly 300 employees and 150 contractors in Lake and Sonoma Counties.
To commemorate the milestone, Calpine donated $65,000 to the Clear Lake Environmental Research Center to support watershed protection, wildfire prevention and habitat restoration.
Constellation (Nasdaq: CEG) announced the second annual CLEAN Awards, with the Constellation Foundation providing nearly $1.1 million to fund 46 local environmental stewardship projects across Illinois, Maryland, New York, Pennsylvania and Texas.
A total of 34 nonprofits will receive grants from $4,000 to $125,000 for projects including wetland rehabilitation, wildlife enclosure construction, urban tree planting, living shorelines and youth nature programs.
Constellation (Nasdaq: CEG) has appointed Alan S. Armstrong to its board of directors, effective January 1, 2026. Armstrong brings significant industry experience as the current executive chairman and former president and CEO of Williams, a major U.S. energy infrastructure company.
Armstrong's appointment comes as Constellation works to integrate America's largest natural gas portfolio through its Calpine deal. With nearly 40 years of experience at Williams, including 14 years as CEO, Armstrong led major expansions in energy infrastructure and drove operational excellence. He currently serves as chair of the National Petroleum Council and is a founding member of Natural Allies for a Clean Energy Future.
[ "Addition of executive with 40 years of natural gas industry experience", "Strategic timing with upcoming Calpine natural gas portfolio integration", "Brings expertise in energy infrastructure expansion and operational excellence" ]Constellation (NYSE:CEG) marked the one-year anniversary of its announcement to restart the Three Mile Island Unit 1, now renamed Crane Clean Energy Center. The project has achieved significant milestones, with restart accelerated to 2027 and the facility 80% staffed with 500 full-time employees.
The restart is supported by a 20-year power purchase agreement with Microsoft. The project is expected to generate 3,400 direct and indirect jobs, contribute over $16 billion to Pennsylvania's GDP, and generate more than $3 billion in tax revenue. Technical inspections are near completion, and regulatory approvals, including PJM interconnection, are progressing as planned.
Constellation is also pursuing additional investments that could add up to 2,000 megawatts of new, clean baseload capacity to the grid through the Crane restart and existing nuclear plant upgrades.
Constellation (NYSE:CEG) reported exceptional performance of its nuclear fleet during the summer of 2025, with its 21 nuclear reactors achieving a 98.8% operational rate during June, July, and August. The company has invested over $7 billion in the past decade, including $5.5 billion in PJM, to enhance grid reliability and add clean energy capacity.
The nuclear fleet provided power to the equivalent of 16 million homes and businesses, demonstrating superior reliability during extreme weather conditions. Constellation is pursuing initiatives to add up to 2,000 megawatts of new clean baseload capacity through existing plant upgrades and restarting the Crane Clean Energy Center in Pennsylvania.
Constellation (Nasdaq: CEG) has appointed Chris Mudrick as its new chief nuclear officer, effective September 29, 2025, succeeding Dave Rhoades who is retiring after serving in the role since 2021. Rhoades leaves behind a 40-year legacy marked by operational excellence, with the company's nuclear fleet achieving an industry-leading capacity factor of over 94% in the past decade.
Mudrick, who recently returned to Constellation after serving as chief nuclear officer at Bruce Power in Canada, brings over 30 years of leadership experience. Under Rhoades' leadership, Constellation improved operational efficiency, including reducing refueling outage durations from over a month to less than three weeks through digitalization and streamlined planning.
Constellation (NYSE:CEG) has secured a landmark 20-year agreement with Meta for its Clinton Clean Energy Center, ensuring the nuclear facility's long-term future beyond May 2027. The facility, which employs over 530 people and contributes $13.5 million in annual taxes, generates enough clean electricity to power 800,000 homes.
The agreement includes plans to increase the plant's output by 30 megawatts through nuclear uprates. Constellation will invest $1 million over five years starting 2026 to support local community development. A Brattle Group study estimated that without this deal, Illinois' GDP would have fallen by $765 million annually.
The partnership also enables Constellation to explore opportunities for advanced reactor or small modular reactor development at the Clinton site, while supporting Meta's AI infrastructure needs.
Constellation Energy (Nasdaq: CEG) reported strong Q2 2025 results with GAAP Net Income of $2.67 per share, up from $2.58 in Q2 2024, and Adjusted Operating Earnings of $1.91 per share, increasing from $1.68 year-over-year. The company announced a significant 20-year Power Purchase Agreement with Meta for Clinton Clean Energy Center's full output.
Key developments include FERC and state regulatory approvals for the Calpine acquisition, expected to close by year-end, and the accelerated return to service of Crane Clean Energy Center in 2027. The company maintained its full-year adjusted operating earnings guidance of $8.90-$9.60 per share and executed a $400 million share repurchase program.
The nuclear fleet achieved a 94.8% capacity factor in Q2 2025, while the gas and pumped storage fleet reached a 98.3% dispatch match rate. The company continues to benefit from strong bipartisan legislative support for nuclear energy and expansion initiatives.
Constellation Energy Corporation (Nasdaq: CEG) has announced a quarterly dividend payment of $0.3878 per share on its common stock. The dividend will be paid on September 5, 2025, to shareholders who are recorded as owners by 5 p.m. Eastern time on August 18, 2025.