Constellation Energy Files 8-K with Financials

Ticker: CEG · Form: 8-K · Filed: Sep 20, 2024 · CIK: 1868275

Constellation Energy CORP 8-K Filing Summary
FieldDetail
CompanyConstellation Energy CORP (CEG)
Form Type8-K
Filed DateSep 20, 2024
Risk Levellow
Pages4
Reading Time4 min
Sentimentneutral

Sentiment: neutral

Topics: financial-statements, exhibits, disclosure

Related Tickers: CEG

TL;DR

CEG filed an 8-K with financials on 9/20. No major news, just standard disclosures.

AI Summary

Constellation Energy Corp. filed an 8-K on September 20, 2024, primarily to disclose financial statements and exhibits. The filing also included information related to Regulation FD and other events, though specific details of these events were not elaborated upon in the provided text. The company's principal executive offices are located at 1310 Point Street, Baltimore, MD.

Why It Matters

This filing provides updated financial information and disclosures for Constellation Energy Corp., which is important for investors and stakeholders to assess the company's current financial health and any material events.

Risk Assessment

Risk Level: low — The filing appears to be routine, primarily containing financial statements and exhibits without announcing significant new risks or material events.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by Constellation Energy Corp.?

The primary purpose of this 8-K filing is to disclose financial statements and exhibits, as well as information related to Regulation FD and other events.

When was this 8-K filing submitted by Constellation Energy Corp.?

This 8-K filing was submitted on September 20, 2024.

What is the address of Constellation Energy Corp.'s principal executive offices?

Constellation Energy Corp.'s principal executive offices are located at 1310 Point Street, Baltimore, Maryland 21231.

What was Constellation Energy Corp. formerly known as?

Constellation Energy Corp. was formerly known as Constellation Newholdco, Inc., with a name change date of June 17, 2021.

Which subsidiary's former name is mentioned in the filing?

The filing mentions CONSTELLATION ENERGY GENERATION LLC, which was formerly known as EXELON GENERATION CO LLC, with a name change date of February 25, 2002.

Filing Stats: 1,108 words · 4 min read · ~4 pages · Grade level 12.3 · Accepted 2024-09-20 07:06:49

Filing Documents

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure The disclosure set forth in Item 8.01 below is incorporated by reference in this Item 7.01. Section 8 - Other Events

01. Other Events

Item 8.01. Other Events On September 20, 2024, Constellation Energy Corporation (Constellation) announced the signing of a 20-year power purchase agreement with Microsoft that will pave the way for the restart of Three Mile Island Unit 1, to be renamed the Crane Clean Energy Center, which was retired in 2019 due to economic conditions. Under the agreement, Microsoft will purchase the output generated from the renewed plant as part of its goal to help power its data centers in PJM with clean energy. The restart of the plant and delivery of electricity pursuant to the power purchase agreement is subject to certain regulatory approvals, including U.S. Nuclear Regulatory Commission approval following a comprehensive safety and environmental review, as well as permits from relevant state and local agencies. Additionally, through a separate request, Constellation will pursue obtaining a renewed license that will extend operations at the plant to at least 2054. The plant is expected to be ready for service in 2028. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Constellation has scheduled a conference call for 8:30 AM ET on September 20, 2024, to discuss the transaction. To access the call by phone, please follow the registration link available on the Investor Relations page of Constellation's website: https://investors.constellationenergy.com. The call will also be webcast and archived on the Investor Relations page of Constellation's website. Media representatives are invited to participate on a listen-only basis. The materials being presented on the call are attached as Exhibit 99.2 and are being furnished to, but not filed with, the Securities and Exchange Commission. Section 9 – Financial Statements and Exhibits

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press release 99.2 Investor presentation 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL. * * * * * This combined Current Report on Form 8-K is being furnished separately by Constellation Energy Corporation and Constellation Energy Generation, LLC (collectively, the "Registrants"). Information contained herein relating to any individual Registrant has been furnished by such Registrant on its own behalf. Neither Registrant makes any representation as to information relating to the other Registrant. This report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Words such as "could," "may," "expects," "anticipates," "will," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "predicts," and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements. The factors that could cause actual results to differ materially from the forward-looking statements made by the Registrants include those factors discussed herein, as well as the items discussed in (1) the Registrants' 2023 Annual Report on Form 10-K in (a) Part I, ITEM 1A. Risk Factors, (b) Part II, ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part II, ITEM 8. Financial Statements and Supplementary Data: Note 19, Commitments and Contingencies; (2) the Registrants' Second Quarter 2024 Quarterly Report on Form 10-Q in (a) Part II, ITEM 1A. Risk Factors, (b) Part I, ITEM 2. Management's Discussion and Analysis of Fina

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CONSTELLATION ENERGY CORPORATION /s/ Daniel L. Eggers Daniel L. Eggers Executive Vice President and Chief Financial Officer Constellation Energy Corporation CONSTELLATION ENERGY GENERATION, LLC /s/ Daniel L. Eggers Daniel L. Eggers Executive Vice President and Chief Financial Officer Constellation Energy Generation, LLC September 20, 2024 EXHIBIT INDEX Exhibit No. Description 99.1 Press release 99.2 Investor presentation 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.

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