Constellation Energy (NASDAQ: CEG) is a leading competitive energy provider in the United States, focusing on both power generation and retail energy services. As a major producer and supplier of electricity, the company operates across two principal business segments: generation of electricity through a diverse portfolio of assets and delivery of comprehensive energy solutions to commercial, industrial and residential customers. Constellation’s integrated platform allows it to balance wholesale power production with retail offerings, positioning it as a full‐service energy partner.
On the generation side, Constellation owns and operates one of the nation’s largest carbon‐free power fleets, anchored by its fleet of nuclear reactors. In addition to nuclear, the company’s asset base includes utility‐scale renewables such as wind and solar, hydroelectric facilities and natural gas–fired plants. This mix of baseload and peaking resources enables Constellation to meet varying demand profiles while supporting the transition to a lower‐carbon energy system.
Through its energy services division, Constellation delivers a suite of products that extend beyond traditional electricity sales. Offerings include risk management, demand response, energy efficiency programs and customized hedging solutions. The company works with commercial and industrial clients to optimize consumption, manage price volatility and achieve sustainability goals, while also serving residential customers with fixed‐rate plans and renewable energy options.
Headquartered in Baltimore, Maryland, Constellation serves retail and wholesale customers in nearly every U.S. state. The company traces its roots to the original Constellation Energy Group, which was acquired by Exelon Corporation in 2012, and relaunched as an independent, publicly traded entity in early 2022 following Exelon’s strategic separation of its utility and generation businesses. Under the leadership of President and Chief Executive Officer Joseph J. Dominguez, Constellation continues to expand its footprint and invest in innovative technologies to support reliability, affordability and decarbonization across the power sector.
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