Constellation Sells Gas Plants to LS Power for $5B to Meet Antitrust Rules - News and Statistics

NodeGuardian · 2026-04-08T07:58:04+00:00

Constellation Energy will sell natural gas power plants to LS Power for $5 billion to address antitrust concerns following its Calpine acquisition, ensuring market competition in the PJM Interconnection area.

NodeGuardian

2026-04-08 07:58:04

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Constellation Energy Corporation has agreed to sell a collection of natural gas power plants to LS Power for $5 billion. This transaction is a key step to meet antitrust requirements after Constellation’s acquisition of Calpine, which created the world’s largest private power producer. The deal involves approximately 4.4 gigawatts of capacity, mainly from gas-fired units in Delaware and Pennsylvania, and aims to preserve competition in the PJM Interconnection market.

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