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 products 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. Constellation aims to eliminate all greenhouse gas emissions by utilizing advanced technology and its diverse energy mix. The company serves around 2 million customers, including many large corporations, and focuses on delivering low-carbon energy solutions to help meet sustainability goals. Constellation has been a leader in clean energy for over a decade and is committed to accelerating the transition to a carbon-free economy to address climate change.

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Simplify's Take

What believers are saying

  • Acquisition of Calpine Corp. expands power generation capacity.
  • Investment in XGS Energy diversifies energy sources and enhances grid reliability.
  • Partnership with Eversource Energy bolsters regional clean energy capabilities.

What critics are saying

  • $16.4 billion Calpine acquisition may strain financial resources.
  • Community opposition in LaSalle County could delay expansion plans.
  • Sale of New England site may reduce strategic assets in the region.

What makes Constellation Energy unique

  • Largest producer of carbon-free energy in the United States.
  • Diverse energy mix including nuclear, hydro, wind, and solar resources.
  • Leader in clean energy production for over a decade.

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Funding

Total Funding

$245.6M

Above

Industry Average

Funded Over

0 Rounds

Company News

Transformers Magazine
Mar 7th, 2025
Tandem PV secures $50 M to revive US Solar leadership

USA, California, San Jose: Tandem PV, a pioneer in American perovskite solar technology, has secured $50 M in Series A funding and debt, led by Eclipse, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former CEO of SunPower), Stifel Bank, CSC Leasing, and other new and existing investors.

Financial Post
Mar 5th, 2025
Dealmakers Are Losing Ground as Hopes of Trump Rally Fade Fast

Other large transactions have been struck this year, such as Constellation Energy Corp.'s agreement to acquire Calpine Corp. and J&J's planned purchase of Intra-Cellular Therapies Inc., which were both announced in early January.

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.

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