Constellation and Calpine’s generation fleets are complementary and largely located in different U.S. regions. However, the ...
The Calpine Los Medanos Energy Center natural-gas-fired power plant in Pittsburg, Calif. - David Paul Morris/Bloomberg News Constellation Energy agreed to buy Calpine for $16.4 billion ...
Baltimore-based Constellation Energy, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp. in a cash and stock transaction valued at $16.4 billion, the company ...
Ormat Technologies (NYSE:ORA) said Wednesday it signed a 10-year power purchase agreement with Calpine Energy Solutions, which will buy up to 15 MW of renewable energy from the Mammoth 2 geothermal ...
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. By Rebecca F.
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.