Constellation Energy Agrees to Buy Calpine in $26.6 Billion Deal
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Constellation Energy has agreed to acquire Calpine in a $26.6 billion deal, merging two major power generators amid rising electricity demand.
January 10, 2025 | 12:15 pm
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Constellation Energy is set to acquire Calpine for $26.6 billion, a move that merges two of the largest power generators in the U.S. This acquisition is likely to strengthen Constellation's market position amid increasing electricity demand.
The acquisition of Calpine by Constellation Energy is a significant move in the energy sector, likely to enhance Constellation's market share and operational capacity. The deal's size and the strategic fit suggest a positive impact on Constellation's stock price.
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