Constellation to Sell $5 Billion PJM Gas Assets to LS Power

Constellation Energy Corporation has struck a $5 billion agreement to divest a portfolio of natural gas-fired power plants in the PJM Interconnection to LS Power, marking the largest ???? in meeting antitrust conditions imposed by U.S. regulators following its acquisition of Calpine earlier this year. The deal includes approximately 4.4 gigawatts of predominantly gas-fired capacity across Delaware and Pennsylvania, featuring key facilities such as Bethlehem, York 1 and 2, Hay Road, and Edge Moor. The im ...