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Calpine, Constellation Energy
Power Companies Reach $16.4 Billion Deal as A.I. Drives Energy Use Up
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 Energy Stock Surges on Deal to Buy Calpine for $26.6 Billion
The net purchase price of the deal is roughly $26.6 billion, which includes the assumption of debt for the privately held Calpine. Constellation Energy rose 9.5% to $266.89 in pre
Constellation Energy Stock Rallies After Power Generator Agrees to Buy Calpine
Constellation Energy struck a $26.6 billion deal to buy Calpine, uniting two of the U.S.'s largest power generators amid surging electricity demand from tech companies. Constellation shares rallied 3.
5h
on MSN
Baltimore-based Constellation to acquire Calpine, creating one of nation’s largest clean-energy producers
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
POWER Magazine
4h
Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath
Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create ...
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