Constellation sells PJM generation assets to LS Power
Type: Sale · Technology: Gas, Other · Country: United States · Value: $5B · Announced: 2025-03-12
Constellation Energy Corporation agreed to sell a portfolio of approximately 4.4 GW of predominantly natural gas–fired generation assets in PJM (Delaware and Pennsylvania) to LS Power Equity Advisors, LLC as part of regulatory divestitures related to Constellation's acquisition of Calpine.
Counterparties
- LS Power Equity Advisors, LLC (Buyer)
- Constellation Energy Corporation (Seller)
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