Constellation Energy (NASDAQ:CEG) (NASDAQ:CEG) is an independent energy company headquartered in Baltimore, Maryland, with roots tracing back to the mid-20th century. The company was established in its current form following a corporate separation from Exelon in early 2022, though its nuclear and power generation businesses date back several decades. Constellation’s core mission is to deliver clean, reliable and affordable energy solutions, leveraging its extensive portfolio of zero-carbon and conventional power generation assets.
At the heart of Constellation’s operations is its fleet of nuclear power plants, which includes flagship facilities such as Calvert Cliffs in Maryland, Ginna in New York and Nine Mile Point in New York State. These nuclear units represent a substantial portion of the company’s baseload capacity and are complemented by a diverse mix of renewable energy projects—spanning solar and wind installations—and select natural gas–fired power stations. In addition to generating electricity, Constellation provides wholesale energy supply services and risk management solutions to utilities, municipalities, and large commercial and industrial customers across the United States.
Beyond power generation, Constellation offers a range of energy services designed to help clients optimize consumption and achieve sustainability goals. These services include energy efficiency consulting, demand response programs, and distributed energy resource integration. Constellation also supports electrification projects, behind-the-meter solutions and carbon consultancy, enabling customers to navigate evolving regulatory requirements and market dynamics.
Constellation operates in nearly all U.S. states and the District of Columbia, with commercial operations teams strategically located to serve regional markets. The company is led by President and Chief Executive Officer Joseph Dominguez, under whose leadership Constellation continues to advance its commitment to decarbonization and grid reliability. With a focus on innovation and operational excellence, Constellation Energy aims to play a central role in America’s transition to a lower-carbon energy future.
