Ormat Technologies (NYSE:ORA) said Wednesday it signed a 10-year power purchase agreement with Calpine Energy Solutions, ...
Constellation plans to fund the cash portion of the transaction using a mix of available cash and cash flow generated by ...
Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company ...
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, ...
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.
Separately, Calpine and Constellation are already among the largest power generation companies in the country.
The infrastructure investor may wait years to realize potential gains from the $16.4 billion Calpine sale.
The deal becomes one of the biggest in the history of power generation at a time when demand for electricity has exploded.
Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt. The total value of the deal will be about $26.6 billion.
Constellation’s purchase of Calpine for US$16.4bn creates the largest US power generator and is set to have a significant ...
Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of ...