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Constellation Energy10-K: Acquisition completed

Constellation completed its acquisition of Calpine in January 2026, adding 2,500 employees and 23 GW of capacity.

What happened

This M&A activity often triggers reviews of IT systems, HR platforms, and financial consolidation software to harmonize the two large organizations.

Source

SEC EDGARFeb 24, 2026

Annual report (Form 10-K)

Constellation Energy 10-K for FY2025

Filing excerpt

On January 7, 2026, Constellation acquired all of the outstanding equity interests of Calpine in a cash and stock transaction.

sec.gov/Archives/edgar/data/1168165/000186827526000032/ceg-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Acquisition completed

What this signalsIntegration work after a deal often opens needs for new systems and services.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 24, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Details

CIK
1168165
Accession number
0001868275-26-000032
Timeframe
Current year
Filing year
2026
Why it matters
Active integration needs
Signal category
Strategic

Topics and mentions

Technologies

  • natural gas
  • geothermal
  • solar
  • battery storage

Regions named

  • Texas
  • California
  • Northeast

Extraction

Confidence
High
Relevance
100%
Sentiment
Positive
Detected
Mar 3, 2026
signal_type
sec-10k
signal_subtype
acquisitionCompleted

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/871227db-e570-4577-b994-772aa92d66b9 returns this record as JSON. POST /v1/companies/enrich returns every signal for constellationenergy.com.

{
  "signal_id": "871227db-e570-4577-b994-772aa92d66b9",
  "signal_type": "sec-10k",
  "signal_subtype": "acquisitionCompleted",
  "detected_at": "2026-03-03T05:50:58.314+00:00",
  "company": {
    "name": "Constellation Energy",
    "domain": "constellationenergy.com"
  },
  "data": {
    "detail": "The integration of Calpine's 72 generation assets and 2,500 employees presents a significant operational challenge and opportunity. This M&A activity often triggers reviews of IT systems, HR platforms, and financial consolidation software to harmonize the two large organizations.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Constellation completed its acquisition of Calpine in January 2026, adding 2,500 employees and 23 GW of capacity.",
    "excerpts": "On January 7, 2026, Constellation acquired all of the outstanding equity interests of Calpine in a cash and stock transaction.",
    "relevance": 1,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1168165/000186827526000032/ceg-20251231.htm",
    "filing_date": "2026-02-24",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Active integration needs",
    "signal_category": "strategic",
    "regions_mentioned": [
      "Texas",
      "California",
      "Northeast"
    ],
    "technologies_mentioned": [
      "natural gas",
      "geothermal",
      "solar",
      "battery storage"
    ]
  }
}

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