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 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.
The company is betting that data-center owners will be hungry for all sorts of power—from nuclear to conventional.
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
Constellation Energy is nearing a $30 billion deal to acquire power producer Calpine, a Houston operator of gas-fired power ...
Electricity provider Constellation Energy is in talks to buy privately held Calpine Power for around $30 billion, according ...
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