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Exhibit 21.2

Constellation Energy Generation, LLC (50% and Greater)
01/31/2026
SubsidiaryJurisdiction
4300 Winfield Road, LLCDelaware
A/C Fuels CompanyPennsylvania
Anacapa Land Company, LLCDelaware
Anderson Springs Energy Company, LLCCalifornia
Arise Energy, LLCPennsylvania
Auburndale Peaker Energy Center, LLCDelaware
AV Solar Ranch 1, LLCDelaware
Aviation Funding Corp.Delaware
AVSR Holding, LLCDelaware
AVSR, LLCDelaware
Battery Holdco, LLCDelaware
Baytown CCUS Holdings, LLCDelaware
Baytown CCUS, LLCDelaware
Baytown Energy Center, LLCDelaware
Beebe 1B Renewable Energy, LLCDelaware
Beebe Renewable Energy, LLCDelaware
Bennett Creek Windfarm, LLCIdaho
Bethlehem Renewable Energy, LLCDelaware
Bethpage Energy Center 3, LLCDelaware
Bluestem Wind Energy Member Holdings, LLCDelaware
Bluestem Wind Energy Member, LLCDelaware
Bosque Parcel 2, LLCDelaware
Brooks Creek Land Company, LLCDelaware
Brooks Creek Land Holding Company, LLCDelaware
Butter Creek Energy Center, LLCDelaware
Byron Highway Energy Center, LLCDelaware
Byron SMR 3, LLCDelaware
CalBatt Energy Storage, LLCDelaware
CalGen Expansion Company, LLCDelaware
CalGen Project Equipment Finance Company Three, LLCDelaware
Calistoga Holdings, LLCDelaware
Calpine Acquisition Company II LLCDelaware
Calpine Acquisition Company III, LLCDelaware
Calpine Acquisition Company, LLCDelaware
Calpine Administrative Service Company, Inc.Delaware
Calpine Agnews, Inc.California
Calpine Auburndale Holdings, LLCDelaware
Calpine Bethlehem, LLCDelaware
Calpine Bosque Pipeline, LLCDelaware
Calpine c*Power, Inc.Delaware
Calpine CalGen Holdings, LLCDelaware
Calpine California CCUS Holdings, LLCDelaware
Calpine Canada Energy Ltd.Nova Scotia
Calpine CCFC GP, LLCDelaware
Calpine CCFC LP, LLCDelaware
1

Exhibit 21.2

Calpine CCUS DevCo Holdco, LLCDelaware
Calpine CCUS DevCo Intermediate Holdco, LLCDelaware
Calpine CCUS Holdings, LLCDelaware
Calpine CCUS Intermediate HoldCo LLCDelaware
Calpine Central Texas GP, Inc.Delaware
Calpine Central, Inc.Delaware
Calpine Central-Texas, Inc.Delaware
Calpine Cogeneration CorporationDelaware
Calpine Community Energy, LLCDelaware
Calpine Construction Finance Company L.P.Delaware
Calpine Construction Management Company, Inc.Delaware
Calpine Cumberland Solar, LLCDelaware
Calpine DevCo Holdings, LLC Delaware
Calpine Development Company, LLCDelaware
Calpine Development Holdings LLCDelaware
Calpine Eastern CorporationDelaware
Calpine Edinburg, Inc.Delaware
Calpine Energy Financial Holdings, LLCDelaware
Calpine Energy Services Canada, LLCDelaware
Calpine Energy Services GP, LLCDelaware
Calpine Energy Services Holdco II, LLCDelaware
Calpine Energy Services Holdco LLCDelaware
Calpine Energy Services LP, LLCDelaware
Calpine Energy Services, L.P.Delaware
Calpine Energy Solutions, LLCCalifornia
Calpine Fore River Energy Center, LLCDelaware
Calpine Fore River Operating Company, LLCDelaware
Calpine FoundationDelaware
Calpine Fuels CorporationCalifornia
Calpine GEC Holdings, LLCDelaware
Calpine Generating Company, LLCDelaware
Calpine Gilroy 1, LLCDelaware
Calpine Gilroy Cogen, L.P.Delaware
Calpine Global Services Company, Inc.Delaware
Calpine Granite Holdings, LLCDelaware
Calpine Greenfield (Holdings) CorporationDelaware
Calpine Greenleaf Holdings, Inc.Delaware
Calpine Greenleaf, Inc.Delaware
Calpine Guadalupe GP, LLCDelaware
Calpine Guadalupe LP, LLCDelaware
Calpine Hidalgo Energy Center L.P.Delaware
Calpine Hidalgo Holdings, Inc.Delaware
Calpine Hidalgo, Inc.Delaware
Calpine Holdings Development LLCDelaware
Calpine Holdings, LLCDelaware
Calpine International Holdings, LLCDelaware
Calpine Kennedy Operators, Inc.New York
Calpine Kent County Solar, LLCDelaware
Calpine KIA, Inc.New York
2

Exhibit 21.2

Calpine King City Cogen, LLCDelaware
Calpine King City, Inc.Delaware
Calpine Leasing Inc.Delaware
Calpine LLCDelaware
Calpine Long Island, Inc.Delaware
Calpine Louisiana Developmen LLCDelaware
Calpine Magic Valley Pipeline, LLCDelaware
Calpine Mexican Holdings, LLCDelaware
Calpine Mid Merit, LLCDelaware
Calpine Mid-Atlantic Development, LLCDelaware
Calpine Mid-Atlantic Energy, LLCDelaware
Calpine Mid-Atlantic Generation, LLCDelaware
Calpine Mid-Atlantic Marketing, LLCDelaware
Calpine Mid-Atlantic Operating, LLCDelaware
Calpine Mid-Merit II, LLCDelaware
Calpine Monterey Cogeneration, Inc.California
Calpine MVP, LLCDelaware
Calpine New Jersey Generation, LLCDelaware
Calpine Northbrook Holdings CorporationDelaware
Calpine Northbrook Investors, LLCDelaware
Calpine Northbrook Project Holdings, LLCDelaware
Calpine Northeast Development, LLCDelaware
Calpine Operating Services Company, Inc.Delaware
Calpine Operations Management Company, Inc.Delaware
Calpine Pasadena Cogeneration, Inc.Delaware
Calpine Philadelphia, Inc.Delaware
Calpine Pittsburg, LLC Delaware
Calpine Power Company, LLCCalifornia
Calpine Power Management, LLCDelaware
Calpine Power, Inc.Virginia
Calpine PowerAmerica - ME, LLCDelaware
Calpine PowerAmerica, LLCDelaware
Calpine PowerAmerica-CA, LLCDelaware
Calpine PowerAmerica-MA, LLCDelaware
Calpine Project Holdings, Inc.Delaware
 Calpine Real Estate Development Company, LLCDelaware
Calpine Receivables, LLCDelaware
Calpine Retail Holdings, LLCDelaware
Calpine Riverside Holdings, LLCDelaware
Calpine Russell City, LLC Delaware
Calpine Russell, LLCDelaware
Calpine Siskiyou Geothermal Partners, L.P.California
Calpine Solar Development Holdings, LLCDelaware
Calpine Solar, LLCDelaware
Calpine Steamboat Holdings, LLCDelaware
Calpine Stony Brook Operators, Inc.New York
Calpine Stony Brook, Inc. New York
Calpine Sutter Holdings, LLCDelaware
Calpine TCCL Holdings, Inc.Delaware
3

Exhibit 21.2

Calpine Texas CCUS Holdings, LLCDelaware
Calpine Texas Cogeneration, Inc.Delaware
Calpine Texas Pipeline GP, LLCDelaware
Calpine Texas Pipeline LP, LLCDelaware
Calpine Texas Pipeline, L.P.Delaware
Calpine ULC I Holding, LLCDelaware
Calpine University Power, Inc.Delaware
Calpine Vineland Solar, LLCDelaware
Calpine Wind Holdings, LLCDelaware
Calpine York Holdings, LLCDelaware
Calvert Cliffs Nuclear Power Plant, LLCMaryland
Cassia Gulch Wind Park LLCIdaho
Cassia Wind Farm LLCIdaho
Cavallo Energy Texas LLCTexas
CCFC Finance Corp.Delaware
CCFC Preferred Holdings, LLCDelaware
CCFC Sutter Energy, LLCDelaware
CD Panther I, Inc.Maryland
CD Panther II, LLCDelaware
CD Panther Partners, L.P.Delaware
CD SEGS V, Inc.Maryland
CD SEGS VI, Inc.Maryland
CDHI Holdco, LLCDelaware
CDHI Intermediate Holdco, LLCDelaware
CDHI Russell City Holdings, LLCDelaware
CE Culm, Inc.Maryland
CE FundingCo, LLCDelaware
CEG CPN, LLCDelaware
CEG Equipment Co, LLCDelaware
CEG Finance, LLCDelaware
CER Generation, LLCDelaware
CES Marketing IX, LLCDelaware
CES Marketing X, LLCDelaware
CEU Arkoma West, LLCDelaware
CEU CoLa, LLCDelaware
CEU East Fort Peck, LLCDelaware
CEU Fayetteville, LLCDelaware
CEU Floyd Shale, LLCDelaware
CEU Holdings, LLCDelaware
CEU Huntsville, LLCDelaware
CEU Kingston, LLCDelaware
CEU Niobrara, LLCDelaware
CEU Ohio Shale, LLCDelaware
CEU Paradigm, LLCDelaware
CEU Pinedale, LLCDelaware
CEU Plymouth, LLCDelaware
CEU Simplicity, LLCDelaware
CEU W&D, LLCDelaware
Champion Energy Marketing LLCDelaware
4

Exhibit 21.2

Champion Energy Services, LLCTexas
Champion Energy, LLCTexas
Channel Energy Center, LLCDelaware
Chesapeake HVAC, Inc.Delaware
Churchill Land Company, LLCDelaware
Churchill Land Holding Company, LLCDelaware
CII Solarpower I, Inc.Maryland
Clear Lake Cogeneration, LLCDelaware
Clinton Battery Utility, LLCDelaware
Clinton SMR 2, LLCDelaware
CM Greenfield Power Corp.Canada
CNE Gas Holdings, LLCKentucky
Coda Holdings, LLCDelaware
Coda Intermediate Holdings, LLCDelaware
CoLa Resources LLCDelaware
Colorado Bend II Power, LLCDelaware
Colorado Bend Services, LLCDelaware
Constellation Building Services, Inc.Delaware
Constellation Connect, LLCDelaware
Constellation Derivatives LimitedUnited Kingdom
Constellation EG, LLCDelaware
Constellation Energy Canada, Inc.Ontario
Constellation Energy Commodities Group Maine, LLCDelaware
Constellation Energy Gas Choice, LLCDelaware
Constellation Energy Nuclear Group, LLCMaryland
Constellation Energy Power Choice, LLCDelaware
Constellation Energy Resources, LLCDelaware
Constellation Energy Solutions, LLCDelaware
Constellation Energy Upstream Holdings, LLCDelaware
Constellation FitzPatrick, LLCDelaware
Constellation Framingham, LLCDelaware
Constellation Fulton, LLCDelaware
Constellation Generation Acquisitions, LLCDelaware
Constellation Generation Consolidation, LLCIllinois
Constellation Generation Development, LLCDelaware
Constellation Generation LimitedUnited Kingdom
Constellation Generation NY, LLCNew York
Constellation Genesis, LLCDelaware
Constellation Handley Power, LLCDelaware
Constellation Holdings, LLCMaryland
Constellation Home Products & Services, LLCDelaware
Constellation Hydrogen and BTM Parent, LLCDelaware
Constellation IL SMR Development, LLCDelaware
Constellation LaSalle Hydrogen and BTM, LLCDelaware
Constellation LNG, LLCDelaware
Constellation Low Carbon Infrastructure, LLCDelaware
Constellation Mystic Power, LLCDelaware
Constellation Navigator, LLCDelaware
Constellation New Boston, LLCDelaware
5

Exhibit 21.2

Constellation New England Holdings, LLCDelaware
Constellation NewEnergy - Gas Division, LLCKentucky
Constellation NewEnergy, Inc.Delaware
Constellation Nuclear Power Plants, LLCDelaware
Constellation Nuclear Security, LLCDelaware
Constellation Nuclear, LLCDelaware
Constellation Power Source Generation, LLCMaryland
Constellation Power, Inc.Maryland
Constellation PowerLabs, LLCPennsylvania
Constellation Renewables Holding, LLCDelaware
Constellation Renewables Holdings II, LLCDelaware
Constellation Renewables Partners Holdings, LLCDelaware
Constellation Renewables Partners, LLCDelaware
Constellation Renewables, LLCDelaware
Constellation SMR Development, LLCDelaware
Constellation Solar Horizons, LLCDelaware
Constellation Solar New Jersey III, LLCDelaware
Constellation South Texas LLCTexas
Constellation Technology Ventures, LLCDelaware
Constellation Texas II Power Holdings, LLCDelaware
Constellation Texas II Power, LLCDelaware
Constellation Texas Land Company, LLCDelaware
Constellation Texas Power Services, LLCDelaware
Constellation Texas Retail Energy, LLCDelaware
Constellation Ventures Holdings, LLCDelaware
Constellation Ventures International Holdings II LimitedUnited Kingdom
Constellation Ventures International Holdings LimitedUnited Kingdom
Constellation VHSub, LLCDelaware
Constellation VTI, LLCDelaware
Constellation West Medway, LLCDelaware
Constellation Wind 1, LLCTexas
Constellation Wind 2, LLCTexas
Constellation Wind 3, LLCTexas
Constellation Wind, LLCDelaware
Constellation Wyman, LLCDelaware
Continental Wind Holding, LLCDelaware
Continental Wind, LLCDelaware
Corpus Christi Cogeneration, LLCDelaware
COSI Central Wayne, Inc.Maryland
COSI Sunnyside, Inc.Maryland
Cow Branch Wind Power, L.L.C.Missouri
CP Sunnyside I, Inc.Maryland
CP Windfarm, LLCMinnesota
CPN 3rd Turbine, Inc.Delaware
CPN Acadia, Inc.Delaware
CPN Battery DevCo, LLCDelaware
CPN Bethpage 3rd Turbine, IncDelaware
CPN Cascade, Inc.Delaware
CPN CKS II, LLCDelaware
6

Exhibit 21.2

CPN Clear Lake, Inc.Delaware
CPN Gregory Power Holdings, LLCDelaware
CPN Gregory Power Partner, LLCDelaware
CPN Insurance CorporationHawaii
CPN Pathfinder Holdings, LLCDelaware
CPN Pathfinder, LLCDelaware
CPN Pipeline CompanyDelaware
CPN Pryor Funding CorporationDelaware
CPN Telephone Flat, Inc.Delaware
CPN York II Holdings, LLCDelaware
CR Clearing, LLCMissouri
Creed Energy Center, LLCDelaware
Criterion Power Partners, LLCDelaware
DE Asset Operations, LLCDelaware
Deer Park CCUS Holdings, LLCDelaware
Deer Park CCUS, LLCDelaware
Deer Park Energy Center LLCDelaware
Deer Park Holdings, LLCDelaware
Delta Energy Center Holdco, LLCDelaware
Delta Energy Center, LLCDelaware
Delta, LLCDelaware
Denver Airport Solar, LLCDelaware
Distrigas of Massachusetts LLCDelaware
Everett Creek Land Company, LLCDelaware
Everett LNG LLCDelaware
Fair Wind Power Partners, LLCDelaware
Fauquier Landfill Gas, L.L.C.Delaware
First State Generation, LLCDelaware
Four Corners Windfarm, LLCOregon
Four Mile Canyon Windfarm, LLCOregon
Fourmile Wind Energy, LLCMaryland
Freestone Peaker Holdings, LLCDelaware
Freestone Power Generation, LLCDelaware
GEC Bethpage Inc.Delaware
GEC Holdings, LLCDelaware
Geysers Company, LLCDelaware
Geysers Holdings LLCDelaware
Geysers Intermediate Holdings LLCDelaware
Geysers Power Company, LLCDelaware
Geysers Power I Company, LLCDelaware
Gilroy Energy Center, LLCDelaware
Good Charlie & Co., LLCDelaware
Goose Haven Energy Center, LLCDelaware
Grande Prairie Generation, Inc.Alberta
Granite Ridge Energy, LLCDelaware
Granite Ridge Operating, LLCDelaware
Greenfield Energy Centre LPOntario
Greensburg Wind Farm, LLCDelaware
Guadalupe Peaking Energy Center, LLCDelaware
7

Exhibit 21.2

Guadalupe Power Partners, LPDelaware
Handsome Lake Energy, LLCMaryland
Harvest II Windfarm, LLCDelaware
Harvest Windfarm, LLCMichigan
Hermiston Power LLCDelaware
High Mesa Energy, LLCIdaho
High Plains Wind Power, LLCTexas
Hot Springs Windfarm, LLCIdaho
Hydro Dam Holdings, LLCDelaware
Hydro Dam, LLCDelaware
Idlewild Fuel Management Corp.Delaware
Jack A. Fusco Energy Center, LLCDelaware
JMC Bethpage, Inc.Delaware
Johanna Energy Center, LLCDelaware
KIAC PartnersNew York
Lake Houston Power, LLCDelaware
Langley Holding Company, LLCDelaware
Langley Land Company, LLCDelaware
Loess Hills Wind Farm, LLCMissouri
Los Esteros Critical Energy Facility, LLCDelaware
Los Esteros Holdings, LLCDelaware
Los Medanos Energy Center LLCDelaware
M89 Exchange II, LLCDelaware
M89 Property, LLCDelaware
Magic Valley Energy Center, LLCDelaware
Magic Valley Pipeline, L.P.Delaware
Mankato Holdings, LLCDelaware
Metcalf Energy Center, LLCDelaware
Metcalf Funding, LLCDelaware
Metcalf Holdings, LLCDelaware
Michigan Wind 1, LLCDelaware
Michigan Wind 2, LLCDelaware
Michigan Wind 3, LLCDelaware
Minergy LLCWisconsin
Mission Rock Energy Center, LLCDelaware
Modoc Power, Inc.California
Morgan Energy Center, LLCDelaware
Mount Hoffman Geothermal Company, L.P.California
Mountain Top Wind Power, LLCMaryland
Muddy Run Pump Storage Holdings, LLCDelaware
Muddy Run Pump Storage, LLCDelaware
NAPB Holdco, LLCDelaware
NAPGS Holdco, LLCDelaware
New Development Holdings, LLCDelaware
New Steamboat Holdings, LLCDelaware
NewEnergy Receivables LLCDelaware
NGQR Holdings, L.L.C. Delaware
Nine Mile Point Nuclear Station, LLCDelaware
Nine Mile Point SMR 3, LLCDelaware
8

Exhibit 21.2

Nissequogue Cogen Partners New York
North American Power and Gas Services, LLCDelaware
North American Power and Gas, LLCDelaware
North American Power Business, LLCDelaware
Nova B Member Holdco, LLCDelaware
Nova B Member, LLC Delaware
Nova BESS Holdings, LLCDelaware
Nova Intermediateco, LLCDelaware
Nova Power Holdco, LLC Delaware
Nova Power TE, LLC Delaware
Nova Power, LLCDelaware
NTC Five, Inc. Delaware
O.L.S. Energy-Agnews, Inc.Delaware
Oregon Trail Windfarm, LLCOregon
Osprey Energy Center, LLCDelaware
Otay Holdings, LLCDelaware
Otay Mesa Energy Center, LLCDelaware
Pacific Canyon Windfarm, LLCOregon
Panther Creek Holdings, Inc.Delaware
Panther Creek PartnersDelaware
Pasadena Cogen LLCDelaware
Pasadena Cogeneration L.P.Delaware
Pastoria BESS Holdco, LLCDelaware
Pastoria Energy Center, LLCDelaware
Pastoria Energy Facility L.L.C.Delaware
Pastoria Power, LLCDelaware
Pastoria Solar Energy Company, LLCDelaware
Pegasus Power Company, Inc.California
Philadelphia Biogas Supply, Inc.Delaware
Pin Oak Creek Energy Center, LLCDelaware
Pine Bluff Energy, LLCDelaware
Pinedale Energy, LLCColorado
PLC3, LLCDelaware
PLC4, LLCDelaware
Power Contract Financing, L.L.C.Delaware
Quail Run CCUS, LLCDelaware
Quail Run Energy GP Holdings L.L.C.Delaware
Quail Run Energy Partners, LPDelaware
Quail Run Energy, L.L.C.Delaware
Quail Run Holdings, LLCDelaware
Quail Run Intermediate Holdings 1, LLCDelaware
Quail Run Intermediate Holdings 2, LLCDelaware
Ramadi BESS, LLCDelaware
R.E. Ginna Nuclear Power Plant, LLCMaryland
Renewable Power Generation Holdings, LLCDelaware
Renewable Power Generation, LLCDelaware
Rolling Hills Landfill Gas, LLCDelaware
Russell City Energy Company, LLCDelaware
Sacramento PV Energy, LLCDelaware
9

Exhibit 21.2

Sand Ranch Windfarm, LLCOregon
Sendero Wind Energy, LLCDelaware
Shooting Star Wind Project, LLCDelaware
Sky Valley, LLCDelaware
SoCal Development Holdings, LLCDelaware
South Point Energy Center, LLCDelaware
South Point Holdings, LLCDelaware
Spencer Land Company, LLCDelaware
Spencer Land Holding Company, LLCDelaware
Stony Brook Cogeneration Inc.Delaware
Stony Brook Fuel ManagementDelaware
Sugar Beet Wind, LLCDelaware
Sunbeam LeaseCo, LLCDelaware
Sutter CCUS Holdings, LLC Delaware
Sutter CCUS Pipeline, LLCDelaware
Sutter CCUS, LLC Delaware
Sutter Dryers, Inc. California
Tanager Power, LLC Delaware
TBG Cogen Partners New York
Texas City Cogeneration, LLCDelaware
Texas City Holdings, LLC Delaware
Texas Cogeneration Five, Inc.Delaware
Texas Cogeneration One Company Delaware
Thad Hill Energy Center, LLCDelaware
Thermal Power Company, LLCCalifornia
Threemile Canyon Wind I, LLCOregon
Titan STC, LLCDelaware
Tuana Springs Energy, LLCIdaho
V.G. Investment Holdings, LLCDelaware
Volta SPV IMS, LLCDelaware
Volta SPV NTR, LLCDelaware
Volta SPV RSL, LLCDelaware
W&D Gas Partners, LLCDelaware
Ward Butte Windfarm, LLCOregon
Washington Parish Energy Center One, LLCDelaware
Washington Parish Holdings, LLCDelaware
West Medway II Holdings, LLCDelaware
West Medway II, LLCDelaware
Westbrook Energy Center, LLCDelaware
Whitetail Wind Energy, LLCDelaware
Wild Horse Geothermal, LLCDelaware
Wildcat Finance, LLCDelaware
Wildcat Wind LLCNew Mexico
Wind Capital Holdings, LLCMissouri
Wolf Hollow II Power, LLCDelaware
Wolf Hollow III Power Holdings, LLCDelaware
Wolf Hollow III Power, LLCDelaware
Wolf Hollow Services, LLCDelaware
Zion Energy LLCDelaware
10