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Calpine, Constellation Energy
Constellation stock soared on AI hopes. Now it’s using those gains to buy Calpine in $16 billion deal.
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the voracious energy demand from artificial intelligence — reached a $16 billion deal to buy Calpine.
Constellation Energy to buy Calpine in blockbuster $16.4 billion U.S. power deal
U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.
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
1h
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 by the technology industry.
2h
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
2h
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 ...
3h
CPP Investments to Sell Stake in Calpine Corporation
CPP Investments today announced the sale of its entire stake in U.S. power producer Calpine Corporation (Calpine) to Constellation Energy (Constellation), as part of Constellation's acquisition of ...
1d
S&P 500 Component Constellation Energy Falls On Report Of $30 Billion Natural-Gas Bet
S&P 500 nuclear stock Constellation Energy fell in afternoon trade on Wednesday after a report emerged that it's close to ...
1d
on MSN
Constellation Could Buy Calpine. It’s a Big Bet on Electricity.
Electricity provider Constellation Energy is in talks to buy privately held Calpine Power for around $30 billion, according ...
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