Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion. Monitor these key chart levels.
Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.
Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.
Constellation produces electricity at power plants mainly in Maryland, Illinois, New York and Pennsylvania. Houston-based Calpine said it is the largest U.S. producer of energy from “low ...
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 companies.
The power producer agreed to buy Calpine this past week for $16.4 billion and has become an industry darling amid surging electricity demand
Gene Stilp, director of No TMI Restart, asked the commissioners not to cooperate in developing an evacuation plan for TMI.
Constellation's USD26.6 billion acquisition of Calpine, the USA's largest generator of electricity from natural gas and geothermal resources, will turn the company which already owns the biggest US nuclear fleet in the USA into the country's largest clean energy power provider.
The first black bear known to ever have been harvested in Lancaster County, Pa., was killed illegally in Drumore Township in early December, according to the Pennsylvania Game Commission.
Constellation Energy has agreed to acquire electricity generator Calpine in a cash and stock transaction valued at around $16.4bn