Energy company headquartered in Baltimore, Maryland
Constellation Energy Corporation
Company type
Public
Traded as
Nasdaq: CEG
Nasdaq-100 component
S&P 500 component
Industry
Energy
Founded
1999; 25 years ago (1999) (spun off from Exelon in 2022)
Headquarters
Baltimore, Maryland, U.S.
Key people
Joseph Dominguez (president and CEO)
Products
Electric power
Natural gas
Revenue
US$24.92 billion (2023)
Operating income
US$1.610 billion (2023)
Net income
US$1.577 billion (2023)
Total assets
US$50.76 billion (2023)
Total equity
US$10.93 billion (2023)
Number of employees
13,871 (2023)
Website
constellationenergy.com
Footnotes / references [1]
Calvert Cliffs Nuclear Power Plant in Calvert County's Lusby, Maryland
Constellation Energy Corporation is an American energy company headquartered in Baltimore, Maryland. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States.[2]
The company was known as Constellation Energy Group (former NYSE ticker symbol CEG), a Fortune 500 company and one of the largest electricity producers in the United States, until a merger with Exelon in 2012.[3] When FERC approved the acquisition, Constellation Energy's energy supply business was re-branded as Constellation, an Exelon company. As part of the 2012 merger, Baltimore Gas and Electric, the regulated utility operated by Constellation Energy, became a regulated utility operating under Exelon Utilities.[4] The current iteration of the company was founded in 2022 after splitting off from Exelon.[5]
Before merging with Exelon, Constellation Energy Group operated more than 35 power plants in 11 states (mainly Maryland, Pennsylvania, New York, West Virginia, and California). Baltimore Gas and Electric created Constellation as a holding company in 1999.[6]
^"Constellation Energy Corporation 2023 Annual Report". U.S. Securities and Exchange Commission. February 27, 2024.
^"ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 : For the Fiscal Year Ended December 31, 2016". Sec.gov. Retrieved 28 December 2018.
^"Constellation, Exelon close $7.9B merger". Bizjournals.com. Retrieved 28 December 2018.
^"Constellation Exelon Merger". Archived from the original on 2013-10-18. Retrieved 2012-11-06.
^Mirabella, Lorraine. "Constellation launches as a Baltimore-based public energy firm after splitting from BGE owner Exelon". baltimoresun.com. Retrieved 2 February 2022.
^Bloomberg News (1999-05-01). "COMPANY NEWS; BALTIMORE GAS AND ELECTRIC TO SELL 15 NURSING HOMES". The New York Times. ISSN 0362-4331. Retrieved 2017-01-15.
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and was sold to ConstellationEnergy. ConstellationEnergy and Exelon merged in March 2012, returning ownership to Exelon. Constellation owns and operates...
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ballpark's name was changed to Constellation Field after the merger of StarTex Power and ConstellationEnergy. Constellation Field opened on April 26, 2012...
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with ConstellationEnergy taking the Exelon name. Exelon separated its generating assets back into ConstellationEnergy in 2022. Constellation owns Unit...
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to a higher-order constellation, it is possible to transmit more bits per symbol. However, if the mean energy of the constellation is to remain the same...
plant in the state of Maryland. The plant is owned and operated by ConstellationEnergy and has two 2737 megawatt thermal (MWth) Combustion Engineering Generation...
multiple merger discussions, including with Iberdrola, Entergy, and ConstellationEnergy. The Environmental Protection Agency recognized FPL Group for achieving...
development firm. He is also the Vice Chairman of ConstellationEnergy Corporation (CEC), a Philippine renewable energy company. In 2007, Nati came to the Philippines...
of 185,223 GWh through all of its power plants. In 2023, the electrical energy generation mix was approximately 54.9% nuclear, 15.9% natural gas, 15.3%...
utility. BGE earlier had created the holding company ConstellationEnergy in 1999. ConstellationEnergy was acquired by Exelon in 2012. Headquartered in Baltimore...
Consolidated Gas Company Building Lexington Street Building West Tower ConstellationEnergy/BG&E Building General information Type Residential apartments Architectural...
cooled by natural draft cooling towers. According to its owner, ConstellationEnergy, the two units are capable of producing 2,317 megawatts of power...
Harrisburg. It has two separate units, TMI-1 (owned by ConstellationEnergy) and TMI-2 (owned by EnergySolutions). The plant was the site of the most significant...
privately held technology licensing company. NET Power is owned by ConstellationEnergy Corporation, Occidental Petroleum Corporation (Oxy) Low Carbon Ventures...
power generation sector. Other notable nuclear power groups (some mixed energy) include: Nuclear power by country Category:Nuclear industry organizations...
in. In July 2020, Benson signed on to play for Team Texas of the ConstellationEnergy League (a makeshift four-team independent league created as a result...
Global Information
US$24.92 billion (2023)
US$10.93 billion (2023)