What changed in this filing

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Item 2. Properties

2026-02-24 compared with 2025-02-18 · 28 added, 32 removed, 118 unchanged (34% of the section changed)

The following table presents our interests in net electric generating capacity by station at December 31, 2025:

Units Percent

Fuel Type Primary

Net Generation

Capacity (MWs) (d)

Percent Owned (b)

Primary Fuel Type

Primary Dispatch Type (c)

Net Generation Capacity (MWs) (d)

Braidwood Braidwood, IL 2 Uranium Baseload

16 unchanged sentences

Wind Intermittent 26

CP Windfarm Faribault County, MN

Wind Intermittent 2

Clinton Battery Storage Blanchester, OH 1 Energy Storage Peaking 5

Total Midwest 11,606

Limerick Sanatoga, PA 2 Uranium Baseload

Limerick Sanatoga, PA

2 Uranium Baseload

Calvert Cliffs Lusby, MD 2 Uranium Baseload

1 unchanged sentence

Salem Lower Alloways

Creek Township, NJ 2 42.59 Uranium Baseload

Creek Township, NJ

2 42.59 Uranium Baseload

Conowingo Darlington, MD 11 Hydroelectric Baseload

9 unchanged sentences

Muddy Run Drumore, PA 8 Hydroelectric Intermediate 1,058

Eddystone 3, 4 Eddystone, PA 2 Oil/Gas Peaking 760 (h)

Perryman Aberdeen, MD 5 Oil/Gas Peaking 404 (i)

Eddystone 3, 4 Eddystone, PA 2 Oil/Gas Peaking 760

Perryman Aberdeen, MD 5 Oil/Gas Peaking 404

Croydon West Bristol, PA 8 Oil Peaking 391

2 unchanged sentences

Philadelphia Road Baltimore, MD 4 Oil Peaking 60

Units Percent

Fuel Type Primary

Net Generation

Capacity (MWs) (d)

Eddystone Eddystone, PA 4 Oil Peaking 60

2 unchanged sentences

Falls Morrisville, PA 3 Oil Peaking 51

Percent Owned (b)

Primary Fuel Type

Primary Dispatch Type (c)

Net Generation Capacity (MWs) (d)

Moser Lower Pottsgrove Township, PA

3 unchanged sentences

Total Mid-Atlantic 10,386

Bay City, TX 2 44 (j)

Bay City, TX 2 44 (g)

Uranium Baseload

8 unchanged sentences

Total ERCOT 4,742

Scriba, NY 2 (f)

Uranium Baseload

Scriba, NY 1 Uranium Baseload

Scriba, NY 1 82 Uranium Baseload

FitzPatrick Scriba, NY 1 Uranium Baseload

2 unchanged sentences

Antelope Valley Lancaster, CA 1 Solar Intermittent 242

Bluestem Beaver County, OK 60 51 (e)(g)

Bluestem Beaver County, OK 60 51 (e)(f)

Wind Intermittent 101

Shooting Star Kiowa County, KS 65 51 (e)

Shooting Star Kiowa County, KS

Wind Intermittent 53

7 unchanged sentences

Wind Intermittent 21

Units Percent

Fuel Type Primary

Net Generation

Capacity (MWs) (d)

High Mesa Elmore County, ID

2 unchanged sentences

Wind Intermittent 17

Sacramento PV Energy Sacramento, CA 4 51 (e)

Sacramento PV Energy Sacramento, CA

Solar Intermittent 15

17 unchanged sentences

3 Gas Intermediate 753

Percent Owned (b)

Primary Fuel Type

Primary Dispatch Type (c)

Net Generation Capacity (MWs) (d)

Wyman 4 Yarmouth, ME 1 5.9 Oil Intermediate 34

15 unchanged sentences

See Note 21 — Variable Interest Entities of the Combined Notes to Consolidated Financial Statements for additional information.

(f) We wholly own NMP Unit 1 and have an 82% undivided ownership interest in NMP Unit 2.

(g) CRP owns 100% of the Class A membership interests and a tax equity investor owns 100% of the Class B membership interests of the entity that owns the Bluestem generating assets.

(h) Eddystone units 3 and 4 will be retiring in June 2025.

(i) In July 2024, we submitted a deactivation notice with PJM with intent to deactivate one of the Perryman 6 units (unit 1) with approximately 54.9 MW of installed capacity on or about May 31, 2025.

(j) Within the 44% undivided ownership interest in STP, 2% interest was recorded as held for sale as of December 31, 2024.

(f) CRP owns 100% of the Class A membership interests and a tax equity investor owns 100% of the Class B membership interests of the entity that owns the Bluestem generating assets.

(g) Within the 44% undivided ownership interest in STP, 2% interest was recorded as held for sale as of December 31, 2025.

See Note 2 — Mergers, Acquisitions, and Dispositions of the Combined Notes to Consolidated Financial Statements for additional information.

3 unchanged sentences

We maintain property insurance against loss or damage to our principal plants and properties by fire or other perils, subject to certain exceptions.

For additional information on insurance specific to our nuclear facilities, see

Note 18 — Commitments and Contingencies of the Combined Notes to Consolidated Financial Statements.

For additional information on insurance specific to our nuclear facilities, see Note 18 — Commitments and Contingencies of the Combined Notes to Consolidated Financial Statements.

For our insured losses, we are self-insured to the extent that any losses are within the policy deductible or exceed the amount of insurance maintained.

Any such losses could have a material adverse effect on our consolidated financial statements.

Any such losses could have a material adverse effect on our results of operation or financial condition.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties