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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

Delayed Connecticut Plant Goes into Operation

LCG, Feb. 13, 2004--A 272-megawatt generating unit in Milford, Connecticut, for which construction began in 1999, yesterday started commercial operation.

A lengthy delay in construction was initiated by the plant's former owner, El Paso Corp., in 2000 after a construction worker died. El Paso defaulted on loans subsequently, and banks took possession of the plant at the end of last year. The firm Competitive Power Ventures (CPV) was retained to finish construction, and to operate the plant.

A second, 231-megawatt unit is expected to be completed in a few months, CPV vice president Peter Podurgiel told Reuters. CPV is majority-owned by Warburg Pincus LLC, a New York-based private investment company.
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