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Constellation Energy Stock Jumps
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
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 Acquire Calpine In $16.4 Bln Cash And Stock Deal
Constellation Energy Group, Ins. (CEG) and Calpine Corp. (CPN) announced Friday they have entered into a definitive agreement under
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.
12h
on MSN
Constellation Energy Agrees to Buy Calpine for $16.4 Billion
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators ...
13h
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 ...
16h
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 ...
3d
Data centers drive growth, risk for PG&E, Constellation, NorthWestern: BofA
Electric utilities that can increase earnings related to data center energy demand should see their share prices rise in 2025 ...
1d
on MSN
Maryland's legislative session opens amid concerns over $86M lobbying influence
A prominent state consumer advocate raised concerns Wednesday about lobbyist influence as the Maryland General Assembly ...
The Business Journals
9d
Local public company awarded $1B in federal contracts
Smaller contract involves
energy
conservation at five GSA facilities.
Constellation
Energy
Group
Inc. has been awarded more than $1 billion in federal contracts to supply power to more than a ...
10h
Here's How Shares of Utility Company Constellation Energy Defied the Odds to Soar 91% Last Year
Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.
14h
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.
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