Constellation Energy Corp
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
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9. Jointly-Owned Electric Plants
Note 9 — Jointly-Owned Electric Plant
- Jointly-Owned Electric Plants
Our material undivided ownership interests in jointly-owned nuclear plants as of December 31, 2024 and 2023 were as follows:
| NMP Unit 2 | Quad Cities | Peach Bottom | STP(a) | Salem | |
|---|---|---|---|---|---|
| Operator | Constellation | Constellation | Constellation | STPNOC | PSEG Nuclear |
| Ownership interest | 82.00% | 75.00% | 50.00% | 44.00% | 42.59% |
| Plant in service | $1,122 | $1,294 | $1,570 | $1,040 | $791 |
| Accumulated depreciation | 327 | 840 | 721 | 52 | 387 |
| Construction work in progress | 27 | 13 | 15 | 25 | 68 |
| Plant in service | $1,073 | $1,263 | $1,552 | $1,089 | $781 |
| Accumulated depreciation | 292 | 805 | 689 | 5 | 357 |
| Construction work in progress | 35 | 8 | 14 | 13 | 49 |
(a)Within the 44% undivided ownership interest in STP,2% interest was recorded as held for sale as of December 31, 2024. See Note 2 — Mergers, Acquisitions, and Dispositions for additional information.
Our undivided ownership interests are financed with our funds and all operations are proportionately consolidated consistent with our ownership interest in the Consolidated Statements of Operations and Comprehensive Income.
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