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Constellation Energy, Calpine deal seen
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’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
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, on Friday reached a $16.
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
Power Engineering
2d
Constellation close to acquiring Calpine for $30B in massive power generation deal
Constellation is currently in talks with Calpine’s private equity owners, which include an affiliate of Energy Capital ...
thinkgeoenergy
1d
Constellation Energy acquires geothermal operator Calpine Energy
Energy company Constellation Energy has acquired Calpine Energy, the operator of the Geysers geothermal power complex in ...
Recharge
23h
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 ...
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