Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of $16.4bn. This is composed of 50 million shares of Constellation stock and $4.5bn in cash ...

As part of Constellation Energy’s plan to buy Calpine, Calpine will sell power plants in the PJM Interconnection totaling 3,546 MW to allay concerns the combined company could use its market ...

Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at ...

Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies. The acquisition would create the nation ...

It will also assume roughly $12.7 billion of Calpine's net debt. "This acquisition will help us better serve our customers across America, from families to businesses and utilities," said ...

RENO, Nev., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement ...

Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion.

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Constellation Energy CEG-4.61%decrease; red down pointing triangle has agreed to buy Calpine, a matchup that combines two of the country’s largest electricity generators at a time when their ...