Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence.
Constellation’s purchase of Calpine for US$16.4bn creates the largest US power generator and is set to have a significant ...
Calpine holds a majority stake in “The Geysers,” a collection of 19 geothermal power plants outside Sonoma, California that is collectively the largest producer of geothermal power in North ...
Energy Capital Partners and other backers of power plant operator Calpine made a big bet by selling the company to Constellation Energy and agreeing to wait as much as two years or more to fully ...
Constellation has been focusing on operating nuclear power plants, becoming the largest nuclear plant operator in the United States, but its $26.6 billion acquisition of Calpine will bring in vast ...
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 ...
The power producer agreed to buy Calpine this past week for $16.4 billion and has become an industry darling amid surging ...
Nuclear energy is emerging as a pillar of the global energy transformation, offering reliable, eco-friendly power. The ...
Governments, led by blue states, then federally, created subsidies for nuclear power ... Finally, Calpine has a highly complementary set of assets, with predominantly natural gas plants in ...
Calpine predominantly owns natural gas power plants and also leads in geothermal power generation, while Constellation has the largest fleet of nuclear power plants in the country. Together ...
could come as soon as Monday Would be largest U.S. power M&A deal since 2007 Calpine gas plants complement CEG's current nuclear-heavy fleet Jan 8 (Reuters) - Constellation Energy (CEG.O), opens ...
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 ...