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.
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity by the technology industry.
Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create ...
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