On the Record · Constellation Energy
Constellation Energy acquisitions, on the record
The businesses Constellation Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
NRG South Texas LP (renamed Constellation South Texas, LLC), owning a 44% undivided ownership interest in the South Texas ProjectWord for word“On November 1, 2023, we completed the acquisition of NRG South Texas LP (renamed and converted as Constellation South Texas, LLC), which owns a 44% undivided ownership interest in the jointly owned STP, a 2,645 MW, dual-unit nuclear plant located in Bay City, Texas.” 10-K for 2023 | acquisition | On November 1, 2023 | — |
EDF's equity interest in CENG (Constellation Energy Nuclear Group)Word for word“On August 6, 2021, Constellation and EDF entered into a settlement agreement pursuant to which we, through a wholly owned subsidiary, purchased EDF’s equity interest in CENG, a joint venture with EDF, which wholly owned the Calvert Cliffs and Ginna nuclear stations and Nine Mile Point Unit 1, in addition to the 82% undivided ownership interest in Nine Mile Point Unit 2.” 10-K for 2023 | acquisition | On August 6, 2021 | — |
a significant portion of our solar businessWord for word“On March 31, 2021 and June 30, 2021, we completed the sale of a significant portion of our solar business and our interest in the Albany Green Energy biomass facility, respectively.” 10-K for 2023 | divestiture | On March 31, 2021 | — |
our interest in the Albany Green Energy biomass facilityWord for word“On March 31, 2021 and June 30, 2021, we completed the sale of a significant portion of our solar business and our interest in the Albany Green Energy biomass facility, respectively.” 10-K for 2023 | divestiture | — | — |
NRG South Texas LPWord for word“In November 2023, we acquired NRG South Texas LP, which owns a 44% undivided ownership interest in the jointly-owned STP.” 10-K for 2024 | acquisition | In November 2023 | — |
2% ownership interest in STPWord for word“In May 2024, we executed a settlement agreement with CPS/City of San Antonio, Austin, and NRG Energy, Inc., the terms of which require we sell a 2% ownership interest in STP to CPS.” 10-K for 2024 | agreed divestiture | In May 2024 | — |
Calpine CorporationWord for word“In May 2024, we executed a settlement agreement with CPS/City of San Antonio, Austin, and NRG Energy, Inc., the terms of which require we sell a 2% ownership interest in STP to CPS.” 10-K for 2024 | agreed acquisition | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2021-12-31 | $30 million | — |
| 2022-12-31 | $29 million | — |
| 2023-12-31 | $1.69 billion | $378 million |
| 2024-12-31 | $32 million | — |
| 2025-12-31 | $14 million | — |
Deal filings since 2016
- 2026-01-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-01-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Constellation Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.