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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 in part by the technology industry’s investments in artificial intelligence.
Constellation Energy to buy Calpine in blockbuster $16.4 billion US 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, one of the biggest acquisitions in U.S. power industry history.
Constellation announces $26.6 billion deal to buy Calpine, Houston's largest private company
Calpine, the largest private company in Houston, announced a deal to be acquired by Baltimore-based Constellation for approximately $16.4 billion Friday morning. Constellation would buy Calpine with 50 million of its shares and $4.
Constellation Buying Calpine in $26.6 Billion Deal That Would Join Two Huge US Power Companies
Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power comp
Constellation to buy Calpine for $16 billion in deal combining nuclear, natural gas
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 $26.6 billion deal
Constellation Energy said on Friday it would buy privately held Calpine Corp, a geothermal and natgas energy company, in a cash-and-stock deal valued at $26.6 billion including debt, sending Constellation's shares up 8.
7h
on MSN
Constellation Energy Stock Jumps as Calpine Buy Becomes a Reality
Microsoft signed a deal with Constellation last year to fulfill its growing need for electricity for its data centers. Barron ...
4h
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.
8h
Constellation to acquire Texas firm in $26B deal
Constellation Energy Group Inc. has agreed to buy a Texas company in a deal worth more than $26 billion that will create one ...
PE Hub
10h
Constellation to acquire ECP-backed energy producer Calpine for $26.6bn
Based in Baltimore, Constellation is a provider of clean energy and a supplier of energy products and services to businesses, ...
6h
Baltimore’s Constellation Energy plans mega $16B acquisition
Baltimore-based Constellation Energy Corp. will acquire Houston-based energy company Calpine Corp. in a deal worth $16.4 ...
Recharge
4h
Constellation buy of Calpine to create largest US clean energy provider with 60GW fleet
Merger joins nation’s largest nuclear operator with Texas-based major natural gas and geothermal owner to meet rising AI ...
Baytown Sun
8h
Calpine Corp. sold to Constellation Energy in $26.6B deal
Constellation Energy Corp. announced Friday it will buy Calpine, America’s largest generator of electricity from natural gas ...
naturalgasworld
9h
Power producers Calpine, Constellation in $26.6bn merger
US power producer Constellation Energy said January 10 it had agreed to acquire Houston-based Calpine for a net purchase ...
12h
Constellation Energy to acquire Calpine for $16.4B equity purchase price
Constellation and Calpine announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and ...
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