CEG · News · 20260806N
Gas Plant Divestiture
Constellation Energy Corp · 2026-08-06 · Importance 64 · Surprise 42 · In source text
Constellation agreed to sell the Brazos Valley Energy Center, a Texas gas-fired power plant, to LS Power for $860 million. The divestiture reduces Constellation’s gas-generation ownership while retaining the company’s broader hybrid nuclear-gas portfolio following the Calpine transaction. The sale was announced alongside an increase to the company’s current-year operating earnings forecast.
Key facts
- Constellation will sell a gas plant in Texas to LS Power for $860 million. source
- Constellation divested the Brazos Valley Energy Center. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | — | Constellation will sell a gas plant in Texas to LS Power for $860 million. |