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Constellation Energy, Calpine deal seen
Power Companies Reach $16.4 Billion Deal as A.I. Drives Energy Use Up
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence.
Constellation Energy to buy Calpine in blockbuster $16.4 billion US power deal
U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.
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.
1h
on MSN
Baltimore-based Constellation to acquire Calpine, creating one of nation’s largest clean-energy producers
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
Money Morning
41m
CEG Shares Surge as Calpine Acquisition Fuels AI Nuclear Expansion
Constellation Energy shares shot 25% higher today as the company confirmed its intentions to purchase Calpine. Calpine ...
2h
S&P 500 Giant Soars 20% On $26 Billion Deal For Geothermal, Natural Gas Giant Calpine
Constellation Energy jumped Friday after announcing that it will buy Calpine, adding geothermal and more natural gas to its ...
Recharge
1h
Constellation buy of Calpine to create largest US clean energy provider with 60GW fleet
Merger joins nation’s largest nuclear operator with Texas-based major natural gas and geothermal owner to meet rising AI ...
2d
on MSN
Constellation Could Buy Calpine. It’s a Big Bet on Electricity.
Electricity provider Constellation Energy is in talks to buy privately held Calpine Power for around $30 billion, according ...
1d
S&P 500 Component Constellation Energy Falls On Report Of $30 Billion Natural-Gas Bet
S&P 500 nuclear stock Constellation Energy fell in afternoon trade on Wednesday after a report emerged that it's close to ...
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