Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies.Including ...
Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company ...
Constellation plans to fund the cash portion of the transaction using a mix of available cash and cash flow generated by ...
The infrastructure investor may wait years to realize potential gains from the $16.4 billion Calpine sale.
In interesting timing, Friday's announcement came on the silver anniversary of the disastrous AOL/Time Warner merger.
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the ...
Separately, Calpine and Constellation are already among the largest power generation companies in the country.
The deal becomes one of the biggest in the history of power generation at a time when demand for electricity has exploded.
Constellation is expected to pay mostly stock, with a small cash component, said one, adding the purchase price would include around $12 billion of Calpine debt which the buyer will absorb.
Constellation’s purchase of Calpine for US$16.4bn creates the largest US power generator and is set to have a significant ...
Constellation Energy struck a $26.6 billion deal to buy Calpine, uniting two of the U.S.'s largest power generators amid surging electricity demand from tech companies. Constellation shares rallied 3.
Constellation Energy (CEG) anticipates acquiring Calpine Corp in a deal valued at $30 billion, including debt.