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Form 8-K · Current Report · Filed 2025-07-22

Constellation Energy Corporation Announces Successful Capacity Auction Results

On July 22, 2025, Constellation Energy Corporation announced the results of the PJM capacity auction for the 2026-2027 planning year.

Filer
Constellation Energy Corporation CEG · NASDAQ
Filed
Accession
0001868275-25-000060
CIK
0001868275
Signal
Low impactUtilities

Details

All of the company's power plants located in the PJM market successfully cleared the auction. The capacity revenues for nuclear units will be included in the gross receipts calculation for the Production Tax Credit, with the auction results taking effect June 1, 2026. The table in the filing details the cleared capacity volumes by zone, highlighting approximately 6,200 megawatts of ComEd nuclear capacity participating in the Illinois Carbon Mitigation Credit Procurement Plan.

Items reported

Item 8.01

Other Events

Corporate Update

Market reaction

Close before filing

$317.88

Next session

+1.8%

Since filing

-17.3%

Latest close

$262.75

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CEG reporting the same item, with the next session's move:

About Constellation Energy Corporation

Constellation Energy Corporation is a prominent energy company specializing in electricity generation and distribution across various regions. As a major player in the utility sector, its primary function is to provide reliable and efficient energy solutions to both residential and commercial customers. Constellation Energy focuses on a balanced mix of energy sources, including natural gas, wind, and solar power, reflecting its commitment to sustainability and reducing carbon footprints. The company is instrumental in influencing the transition towards cleaner energy within the utility industry. By leveraging advanced technologies and a strategic positioning in key geographic areas, Constellation Energy Corporation plays a crucial role in supplying energy to millions of customers while supporting the infrastructure that underpins modern economies. Its extensive experience and robust operational framework contribute significantly to its market significance, reinforcing its status as a vital energy provider throughout North America.

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