			UNITED STATES SECURITIES AND EXCHANGE COMMISSION
			Washington, D.C. 20549
			FORM			8-K
			CURRENT REPORT
			Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
			December 31, 2024
			September 19, 2025
			Date of Report (Date of earliest event reported)

Commission
File Number

Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal Executive Offices; and Telephone Number

IRS Employer Identification Number

333-85496

CONSTELLATION ENERGY GENERATION, LLC

23-3064219

(a Pennsylvania limited liability company)

200 Energy Way

Kennett Square, Pennsylvania 19348-2473

(833) 883-0162


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

N/A


Indicate by check mark whether any of the registrants are emerging growth companies as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐


If an emerging growth company, indicate by check mark if any of the registrants have elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 1 – Registrant’s Business and Operations

Item 1.01. Entry into a Material Definitive Agreement

On September 19, 2025, Constellation Energy Generation, LLC (Constellation) entered into a second amended and restated five-year Revolving Credit Facility (“RCF”) with JPMorgan Chase Bank, N.A., as Administrative Agent, and various financial institutions. The ~~disclosure~~RCF ~~set~~provides ~~forth~~for an aggregate commitment of $7,000,000,000, consisting of (i) up to $4,500,000,000 in ~~Item~~revolving credit commitments available as of the closing date and (ii) up to $2,500,000,000 in incremental revolving credit commitments available upon the satisfaction of certain conditions following the consummation of Constellation’s acquisition of Calpine Corporation.03 The ~~below~~revolving iscredit ~~incorporated~~commitments bymay ~~reference~~be drawn down in ~~this~~the ~~Item~~form 1of loans and/or letters of credit.01 The RCF will primarily be used to back up commercial paper issuances at Constellation and to satisfy requirements for letters of credit.

~~Section~~Lending 2commitments –under ~~Financial~~the ~~Information~~RCF will terminate five years after the effective date, unless extended. The RCF includes provisions for one-year extensions at the option of Constellation and with the consent of the lenders. The RCF also includes provisions for reduction of the amount of the facility at the option of Constellation and provisions for the limited increase of the lenders’ commitments to lend at Constellation’s request and with the consent of the lenders.

~~Item~~The ~~2.03.~~RCF ~~Creation~~includes covenants and events of adefault ~~Direct~~that ~~Financial~~are ~~Obligation~~substantially orthe ansame ~~Obligation~~as ~~under~~those anin ~~Off-Balance~~the ~~Sheet~~revolving ~~Arrangement~~credit offacility aprior ~~Registrant~~to the amendment.

On December 31, 2024, wholly owned subsidiaries of Constellation Energy Generation, LLC (“Constellation”), Constellation NewEnergy, Inc. (“CNE”), as servicer, and NewEnergy Receivables LLC (“NER”), a bankruptcy-remote, special purpose entity wholly owned by CNE, as seller, entered into a Receivables Financing Agreement with MUFG Bank, LTD., as Agent, the Lenders party thereto, the Arrangers party thereto and the Group Agents party thereto (the “Receivables Financing Agreement”). The Receivables Financing Agreement amends and restates a Receivables Purchase Agreement originally entered into by the parties thereto on April 8, 2020.

The Receivables Financing Agreement, among other things, extends the term of the facility through December 31, 2027, unless further extended as set forth therein, and increases the maximum funding limit of the facility from $1.1 billion to $1.5 billion. No additional funds were drawn in connection with the Receivables Financing Agreement. The Receivables Financing Agreement is subject to covenants and amortization events that are customary for transactions of this type.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.						Description
1.1						Second Amended and Restated Credit Agreement dated as of September 19, 2025 among Constellation, JPMorgan Chase Bank, N.A., as Administrative Agent, and various financial institutions
101						Cover Page Interactive Data File – the cover page XBRL tabs are embedded within the Inline XBRL document.
104						The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			CONSTELLATION ENERGY GENERATION, LLC

			/s/ Daniel L. Eggers
			Daniel L. Eggers
			Executive Vice President and Chief Financial Officer
			Constellation Energy Generation, LLC

~~January~~September 322, 2025

EXHIBIT INDEX

Exhibit No.						Description
1.1						Second Amended and Restated Credit Agreement dated as of September 19, 2025 among Constellation, JPMorgan Chase Bank, N.A., as Administrative Agent, and various financial institutions
101						Cover Page Interactive Data File – the cover page XBRL tabs 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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