Constellation Energy

Constellation Energy

Produces carbon-free energy and power services

About Constellation Energy

Simplify's Rating
Why Constellation Energy is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Energy

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

$245.6M

Headquarters

Baltimore, Maryland

Founded

N/A

Overview

Constellation Energy produces carbon-free energy and supplies power and energy services to homes and businesses across the United States. Its generation fleet, which includes hydro, wind, solar, and nuclear resources, has a capacity of over 32,400 megawatts and powers more than 20 million homes and businesses, with 90 percent of its output being carbon-free. The company aims to eliminate all greenhouse gas emissions by utilizing advanced technology and its diverse energy mix. Constellation serves around 2 million customers, including many large corporations, and focuses on delivering low-carbon energy solutions to help meet sustainability goals. Its goal is to lead the transition to a carbon-free economy and address the challenges posed by climate change.

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Simplify's Take

What believers are saying

  • Acquisition of Calpine enhances Constellation's power generation and retail supply capabilities.
  • Dresden Clean Energy Center's license extension boosts carbon-free energy output significantly.
  • Investment in grid resilience technologies aids in managing grid volatility effectively.

What critics are saying

  • Calpine acquisition may lead to integration challenges and financial strain for Constellation.
  • Local opposition in LaSalle County could delay Constellation's expansion projects.
  • Dresden Clean Energy Center's license renewal introduces regulatory risk affecting energy provision.

What makes Constellation Energy unique

  • Constellation is the largest U.S. producer of carbon-free energy, leading in clean power.
  • The company operates the nation's largest carbon-free nuclear fleet, enhancing energy reliability.
  • Constellation's innovative green bond for nuclear energy sets a precedent in clean energy financing.

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Funding

Total Funding

$245.6M

Above

Industry Average

Funded Over

0 Rounds

Company News

Cision
Feb 10th, 2025
Studsvik Extends Its Software Capability For Remote Condition Monitoring And Loss Of Off-Site Power Resiliency In Nuclear Plants

Studsvik extends its software capability for remote condition monitoring and loss of off-site power resiliency in nuclear plants

The Wall Street Journal
Jan 11th, 2025
Constellation Energy Agrees to Buy Calpine for $16.4 Billion

The merger combines two of the country’s largest power generators as demand for electricity surges.

Investing.com
Dec 24th, 2024
Eversource acquires key property for clean energy hub

BOSTON - Eversource Energy (NYSE: NYSE:ES), a major utility company in New England with a market capitalization of $20.94 billion, has acquired a 26-acre site from Constellation Energy (NASDAQ:CEG), aiming to bolster the region's clean energy capabilities and grid reliability.

PRWeb
Dec 20th, 2024
Climate And Energy Analytics Startup Sunairio Raises $6.4 Million To Help Energy Sector Navigate Unprecedented Grid Volatility

"Sunairio's commercially ready grid modeling solutions provide the practical tools necessary to account for weather variability and climate trends as the integration of renewable energy generation accelerates." —Alex Behar, Principal at Buoyant Ventures

Ngenue
Oct 3rd, 2024
Retail and Wholesale operations software for Natural Gas Marketers, Producers, Distributors, LDCs, Utilities, and Pipelines

Constellation Energy Corporation has selected nGenue as its new enterprise software solution for Natural Gas Retail Operations, Billing & LDC EDI Transaction Automation.

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