Constellation Sells 606 MW Brazos Valley Plant to LS Power
Constellation Energy has finalized the sale of its 606 MW Brazos Valley facility to LS Power, a divestiture required by US regulators after the Calpine deal.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
Constellation Energy Corporation has finalized the divestiture of its 606-megawatt Brazos Valley Energy Center, located outside Houston, to LS Power. According to the company's press release distributed by BusinessWire, the transaction fulfills asset sales that the U.S. Department of Justice required in connection with the Calpine acquisition closed in January 2026.
Another transaction covering roughly 4.4 GW of gas assets in the PJM market, also with LS Power, is expected to close before the end of 2026. The Brazos Valley plant operates in Texas within the ERCOT grid.
why it matters
Completing required divestitures reduces the regulatory overhang tied to the Calpine deal. However, the timing and proceeds of the pending PJM sale could affect the company's cash flows for fiscal 2026 and 2027, so market participants will be watching the terms closely. No sale price was included in the announcement.
tags
instruments
sources
- Constellation Energy Corporation (CEG) Closes Sale of 606 MW Brazos Valley Plant — Newsmetry API, 14 October 2026 at 20:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗