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.Including ...
Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company ...
Constellation plans to fund the cash portion of the transaction using a mix of available cash and cash flow generated by ...
Separately, Calpine and Constellation are already among the largest power generation companies in the country.
Constellation Energy Corporation ( CEG, Financials) said Friday that it will purchase Calpine Corporation ( CPN, Financials) ...
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the ...
In interesting timing, Friday's announcement came on the silver anniversary of the disastrous AOL/Time Warner merger.
The infrastructure investor may wait years to realize potential gains from the $16.4 billion Calpine sale.
Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies. The acquisition would create the nation ...
Constellation is expected to pay mostly stock, with a small cash component, said one, adding the purchase price would include around $12 billion of Calpine debt which the buyer will absorb.
Constellation Energy (CEG) jumps to record high as Guggenheim taps it as top pick in utilities sector for 2025, citing strong growth potential.
NEW YORK, Jan 10 (Reuters) - U.S. nuclear power provider Constellation Energy (CEG.O), opens new tab on Friday agreed to buy privately held natural gas and geothermal company Calpine Corp for $16. ...