Overview
- The portfolio consists of natural gas‑fired plants in Delaware and Pennsylvania totaling about 4.4 gigawatts.
- Constellation disclosed a $5 billion price before customary closing adjustments.
- The transaction is part of DOJ‑required asset sales aimed at resolving competition concerns in the PJM market.
- The valuation implies roughly $1,142 per kilowatt for the generation capacity based on the reported figures.
- Constellation frames the move as improving operational efficiency and says it expects to finish remaining DOJ requirements later this year.