The infrastructure investor may wait years to realize potential gains from the $16.4 billion Calpine sale.
By Rebecca F. Elliott Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for $16.4 billion, a deal that shows how ...
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies.
Under this agreement, Calpine Energy Solutions will purchase up to 15 megawatts (MW) of clean, renewable energy from the Mammoth 2 geothermal power plant located near Mammoth Lakes, California ...
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 ...
The $16.4 billion purchase agreement would combine the biggest U.S. nuclear operator with Calpine’s natural gas assets. Constellation Energy, the nation’s largest nuclear plant operator ...
Constellation’s Calvert Cliffs nuclear plant on the Chesapeake Bay ... TNS/ABACA/Reuters Connect Constellation Energy in talks to buy Calpine in near-$30bn US power sector deal on x (opens ...
Including the assumption of debt, Constellation on Friday valued the cash-and-stock deal for the privately held Calpine at $26.6 billion.
The Calpine Los Medanos Energy Center natural-gas-fired power plant in Pittsburg, Calif. - David Paul Morris/Bloomberg News Constellation Energy agreed to buy Calpine for $16.4 billion ...