Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence technologies, on Friday reached a $16.
Constellation Energy nearing $30 billion deal to acquire Calpine, sources say
Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine, people familiar with the matter said on Wednesday, a move that would significantly expand Constellation's generation assets at a time of rising U.
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Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the ...
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
Constellation Energy shares shot 25% higher today as the company confirmed its intentions to purchase Calpine. Calpine ...
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Separately, Calpine and Constellation are already among the largest power generation companies in the country.
Constellation Energy jumped Friday after announcing that it will buy Calpine, adding geothermal and more natural gas to its ...
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