CEG · 8-K · 20260806PR000097
Regulatory Approval Milestones
Constellation Energy Corp · 2026-08-06 · Importance 44 · Surprise 60 · In source text
The Federal Energy Regulatory Commission approved Constellation’s waiver to transfer existing Capacity Interconnection Rights from Eddystone Units 3 and 4 in Pennsylvania to the Crane Clean Energy Center. The Nuclear Regulatory Commission approved a fuel license amendment for Crane, supporting the company’s planned restart in 2027. Constellation also filed NRC license-renewal applications for the Ginna Clean Energy Center and Nine Mile Point Unit 1 in upstate New York; if approved, both operating licenses would be extended 20 years to 2049.
Key facts
- Closing of the Brazos Valley sale is subject to DOJ approval and other customary closing conditions and is expected to close by the end of this year (2026). source
- FERC grants waiver allowing the transfer of existing Capacity Interconnection Rights (CIR) to Crane Clean Energy Center. source
- NRC approves Crane Clean Energy Center's fuel license amendment request. source
- Filed license renewal applications with the NRC to extend Ginna Clean Energy Center and Nine Mile Point Unit 1 operating licenses to 2049 (20-year extension). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | FERC grants waiver allowing the transfer of existing Capacity Interconnection Rights (CIR) to Crane Clean Energy Center. |
| operating_income | positive | realized | — | NRC approves Crane Clean Energy Center's fuel license amendment request. |
| operating_income | positive | contingent | — | Filed license renewal applications with the NRC to extend Ginna Clean Energy Center and Nine Mile Point Unit 1 operating licenses to 2049… |