Business asset acquisition · Other business activity
Constellation PJM generation operations at Bethlehem, York 1, York 2, Hay Road and Edge Moor
Transaction overview
Status: Announced
Exact closing date not established.
Constellation and LS Power Equity Advisors, LLC announced an agreement for LS Power to acquire generation operations at five named PJM facilities: Bethlehem, York 1, York 2, Hay Road and Edge Moor. The sale remained subject to regulatory approvals and was expected to close later in 2026.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Constellation Announces Agreement to Sell PJM Generation Assets to LS Power as Part of FERC, U.S. DOJ Resolution of Calpine Transaction ↗
LS Power · Published Mar 18, 2026
Constellation and LS Power Equity Advisors, LLC announced an agreement for LS Power to acquire generation operations at five named PJM facilities: Bethlehem, York 1, York 2, Hay Road and Edge Moor. The sale remained subject to regulatory approvals and was expected to close later in 2026.