Constellation Energy Corporation (Nasdaq: CEG) generates a steady stream of news as a Fortune 200 utilities company that describes itself as the nation’s largest producer of reliable, emissions-free energy and the largest nuclear energy company in the U.S. Recent updates cover developments affecting CEG stock, including corporate transactions, regulatory milestones, project investments and customer agreements.
Recent press releases highlight major strategic moves such as Constellation’s completion of its acquisition of Calpine Corporation, which the company says creates the nation’s largest producer of electricity with 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities. News coverage also includes financing and regulatory steps tied to this transaction, including Department of Justice resolution, Federal Energy Regulatory Commission conditions and private exchange offers and consent solicitations for Calpine notes.
Constellation’s news flow also features project and technology updates. Examples include Nuclear Regulatory Commission approvals for digital modernization at the Limerick Clean Energy Center, license renewals and upgrades at the Clinton and Dresden Clean Energy Centers, and a DOE-guaranteed loan facility to support the restart and repowering of the Christopher M. Crane Clean Energy Center. These stories illustrate how the company invests in nuclear fleet modernization, reliability, cyber resilience and additional clean energy capacity.
Investors and observers will also find announcements about customer and product initiatives, such as an agreement with W. L. Gore & Associates that incorporates hourly carbon-free energy matching into a clean energy supply arrangement, as well as updates on Constellation’s Energy to Educate grants for STEM and energy-related education projects. Earnings-related 8-K filings and press releases provide information on quarterly results and investor presentations.
By checking this Constellation Energy Corporation (CEG) news feed regularly, readers can monitor how corporate actions, regulatory decisions, plant investments and customer partnerships may shape the company’s role in clean energy and the broader U.S. power market.
Constellation (Nasdaq: CEG) reported first quarter 2026 GAAP net income of $4.49 per share, up from $0.38, and Adjusted (non-GAAP) Operating Earnings of $2.74 per share, up from $2.14. The company affirmed 2026 Adjusted Operating Earnings guidance of $11.00–$12.00 per share.
Quarter highlights include commissioning the 105 MW Pastoria Solar Project, commercial operation of the 460 MW Pin Oak Creek Energy Center, PUCT approval of Freestone net metering for a major data center customer, and being ranked #1 on Barron’s 2026 Most Sustainable U.S. Companies list.
ONE Nuclear Energy (BP) announced on May 7, 2026 that Kyle Crowley and Darryl Willis have agreed to be nominated as independent directors of its public company board, effective upon closing of its business combination with Hennessy Capital Investment Corp. VII (NASDAQ: HVII).
Crowley is expected to chair the Audit Committee and join Compensation and Nominating & Governance; Willis is expected to chair Compensation and join Audit. Crowley brings experience leading over $38 billion in transactions and advisory roles; Willis brings digital and global energy operations experience from Microsoft, Google Cloud, and BP.
Constellation Energy (Nasdaq: CEG) declared a quarterly cash dividend of $0.4265 per share. The dividend will be payable on June 5, 2026 to shareholders of record at 5:00 p.m. ET on May 15, 2026.
Constellation (Nasdaq: CEG) agreed to sell a portfolio of PJM generation assets to LS Power to satisfy DOJ and FERC conditions tied to the Calpine acquisition. The portfolio totals approximately 4.4 GW and the transaction is valued at $5 billion before closing adjustments. Closing remains subject to regulatory approvals.
Constellation (Nasdaq: CEG) reported Q4 2025 GAAP net income of $1.38 per share and adjusted operating earnings of $2.30 per share. For full-year 2025 GAAP net income was $7.40 per share and adjusted operating earnings $9.39 per share. The company closed the Calpine acquisition (Jan 7, 2026), secured a $1 billion DOE loan guarantee for Crane restart, won 20-year NRC license renewals for Clinton and Dresden, raised the annual dividend by 10% with another 10% growth expected in 2026, and announced a quarterly dividend of $0.4265 payable March 20, 2026.
Summary not available.
Constellation (NASDAQ: CEG) and CyrusOne agreed to power a new data center adjacent to the Freestone Energy Center in Freestone County, Texas. Calpine, a Constellation business unit, signed a 380 MW agreement plus an exclusive option for a 380 MW Phase 2, adding to prior 400 MW deals for a total exceeding 1,100 MW contracted in Texas.
The project uses Constellation’s Powered Land Capabilities to provide generation, grid connectivity and site infrastructure while prioritizing reliability, speed-to-market and community benefits.
Constellation (CEG) announced final results of private exchange offers and consent solicitations tied to its acquisition of Calpine (closed January 7, 2026). The Exchange Offers expired January 12, 2026, and the settlement is expected on or around January 15, 2026. Holders tendered approximately $646.822M (99.51%) of 2029 unsecured, $847.698M (99.73%) of 2031 unsecured, and $795.202M (88.36%) of 2031 secured Calpine notes. Early tenders receive Constellation notes in equal principal plus cash of $1.00 (2029/2031 unsecured) or $2.83 (2031 secured) per $1,000; later tenders receive $970 principal per $1,000 and no cash. The Proposed Amendments remove most covenants and will release security for the 2031 secured notes.
Constellation (Nasdaq: CEG) announced completion of its acquisition of Calpine on January 7, 2026, creating the nation’s largest electricity producer. The combined company has 55 GW of generating capacity and serves 2.5 million retail and business customers across the U.S., with expanded footprints in Texas and California and significant operations in Illinois, Maryland, New York and Pennsylvania. Headquarters remain in Baltimore with a major presence in Houston. The merged platform aims to pair zero-emission nuclear with natural gas and geothermal to scale advanced clean technologies and support energy security. The company plans over $23 million annually in community and philanthropic contributions.
Constellation (Nasdaq: CEG) received U.S. Nuclear Regulatory Commission approval for a $167 million Digital Modernization Project at the Limerick Clean Energy Center to replace select analog controls with state-of-the-art digital platforms.
The phased upgrade—supported by the U.S. Department of Energy—aims to boost reliability, diagnostics and cyber resilience, will be installed during refueling outages, and is part of a broader $5.1 billion Pennsylvania program to preserve ~5,100 MW and add 1,200 MW. Limerick’s two units supply up to 2,317 MW of carbon-free power, roughly enough for 1.7 million homes, and the project is expected to create skilled construction jobs and local economic activity.