Constellation, formerly Exelon Generation, owner and operator of the nation's largest nuclear reactor fleet, announced on February 2 the completion of its separation from Exelon Corporation and its launch as a stand-alone, publicly traded company. Headquartered in Baltimore, Md., the new company has begun trading on the Nasdaq Global Select Market under the symbol "CEG." Exelon announced in February 2021 that it had begun the effort to separate its utility businesses from its competitive power generation and customer-facing energy businesses. "The future health and prosperity of our nation is inextricably linked to our success in eliminating carbon pollution, and our entire focus will be on helping our customers and communities achieve that goal," said Joseph Dominguez, Constellation's chief executive officer. "Our clean generation fleet and leading customer-facing platform are the foundation on which we will sustain and grow our business. Today begins an exciting transition for our company and employees as we affirm our mission to accelerate the transition to a carbon-free future and advance economic progress and equity in the communities we serve."
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