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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

Newsmakers

Beverly J. Burke has been appointed vice president and general counsel of WGL Holdings Inc., effective July 1. She will replace John K. Keane, Jr., who has announced that he will retire from the company effective December 31. WGL Holdings is parent company for Washington Gas Light Co., the local natural gas utility serving the nation's capital.

Moray Dewhurst has been elected chief financial officer of FPL Group Inc. and will assume his new position in mid-July. He most recently was a senior partner and director of Dean & Co., a management consulting and investment firm that he co-founded in 1993.

John Reese has been promoted to vice president for government relations by Orion Power Holdings Inc. Since joining the company last year, he has served as director of government relations for New York, working on regulatory, legislative and wholesale market issues.

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