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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Duke Energy Submits Early Site Permit Application to NRC for New Nuclear Reactors in North Carolina

LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.

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Industry News

Construction Begins on 2,300 Megawatt Arizona Plant

LCG, May 24, 2001--TECO Power Services Corp. and Panda Energy International Inc. announced jointly this morning that they have begun initial construction and site preparation work on their 2,300 megawatt Gila River power station in Gila Bend, Ariz.

The big plant will be brought on line in four phases, the joint venture said, without revealing the size or timing of the phases. The companies did say that the natural gas-fueled plant would begin commercial operation in the summer of 2003.

Michael Schuyler, a TECO official, said the facility "will be one of the largest facilities in our generating portfolio. We look forward to providing needed energy to the fast-growing region of thecountry it will serve."

The companies said power from Gila River will be sold into the Arizona wholesale electricity market with excess output available to wholesale customers in California, Nevada and New Mexico.

TECO Power Services is an affiliate of Florida utility Tampa Electric Co.

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