Constellation & Calpine’s Impact on US Clean Energy

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About Constellation

Revenue: US$24bn (12 months ending September 2024)
Market cap: US$94.9bn
President and CEO: Joseph Dominguez
Employees: 13,800+
Customers: 2.5 million (after Calpine merger)

With its headquarters in Baltimore, Maryland, US, Constellation Energy is a giant in supplying electric power, natural gas and energy management solutions.

Initially catering to two million subscribers across various sectors including an impressive three-quarters of Fortune 100 companies, this acquisition raises its customer base to more than 2.5 million.

This expansion solidifies its status as the largest competitive retail electricity supplier in the US.

Meet Calpine

Calpine is the top generator of electricity via natural gas and geothermal resources in the US, boasting an operational footprint that reaches 24 states and international markets in Canada and Mexico.

The total generation capacity of its 76 power plants (including those under…

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