Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.
Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion. Monitor these key chart levels.
Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.
“By combining Constellation’s unmatched expertise in zero-emission nuclear energy with Calpine’s industry-leading, best-in-class, low-carbon natural gas and geothermal generation fleets, we will be able to offer the broadest array of energy products ...
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.
Merger joins nation’s largest nuclear operator with Texas-based major natural gas and geothermal owner to meet rising AI power demands
US power generation group Constellation Energy is to buy rival Calpine in a deal that values the target at just under $27bn, the companies announced on Friday. In a joint statement, the companies said that the deal “creates the nation’s largest clean energy provider”.
“By combining Constellation’s unmatched expertise in zero-emission nuclear energy with Calpine’s industry-leading, best-in-class, low-carbon natural gas and geothermal generation ...
Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies.
Constellation produces electricity at power plants mainly in Maryland, Illinois, New York and Pennsylvania. Houston-based Calpine said it is the largest U.S. producer of energy from “low ...
Gene Stilp, director of No TMI Restart, asked the commissioners not to cooperate in developing an evacuation plan for TMI.