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 ...
Constellation plans to fund the cash portion of the transaction using a mix of available cash and cash flow generated by ...
Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company ...
Separately, Calpine and Constellation are already among the largest power generation companies in the country.
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the ...
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.
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 Energy (CEG) anticipates acquiring Calpine Corp in a deal valued at $30 billion, including debt.
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’s purchase of Calpine for US$16.4bn creates the largest US power generator and is set to have a significant ...