Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies. The acquisition would create the nation’s leading retail electric supplier,

The combination of Constellation and Calpine will have nearly 60 gigawatts ... including California, Delaware, New York, Pennsylvania, and Virginia, according to the release.

Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies.

Constellation Energy has agreed to acquire electricity generator Calpine in a cash and stock transaction valued at around $16.4bn

Bill Rogers, managing director and head of Sustainable Energies at CPP Investments, expressed satisfaction with the outcome, stating, “We are pleased by the success of our investment in Calpine and view this transaction as an excellent opportunity to realize strong returns for the CPP Fund.”

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.

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 ...

Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of $16.4bn. This is composed of 50 million shares of Constellation stock and $4.5bn in cash ...

Energy Capital Partners and other backers of power plant operator Calpine made a big bet by selling the company to Constellation Energy and agreeing to wait as much as two years or more to fully ...

Constellation has been focusing on operating nuclear power plants, becoming the largest nuclear plant operator in the United States, but its $26.6 billion acquisition of Calpine will bring in vast ...

Constellation, the nation’s largest operator of nuclear power plants, said Friday it agreed to purchase Calpine Corp. for $16.4 billion through 50 million shares of Constellation stock and $4.5 ...

US energy giant Constellation Energy has agreed to acquire Calpine Corporation, an independent power producer, for $26.6 billion, including debt considerations. The transaction includes 50 million shares of Constellation stock, $4.5 billion in cash ...