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

Constellation, based in Baltimore, has agreed to acquire Houston's Calpine Corp. in a deal that will create the nation's largest clean energy provider.

Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.

Constellation Energy Corp. shares surged to a record high after agreeing to acquire closely held Calpine Corp. for $16.4 billion in a deal that will create the largest fleet of US power stations.

In interesting timing, Friday's announcement came on the silver anniversary of the disastrous AOL/Time Warner merger.

Separately, Calpine and Constellation are already among the largest power generation companies in the country.

Baltimore-based Constellation’s plans to acquire a Houston, Texas,-based natural gas  producer in a $26.6 billion deal will create one of the nation’s biggest energy firms at a time

Reverse polarity is flowing into the electricity business. Exelon spun off Constellation Energy back in 2022 when prospects for nuclear power were dim, but artificial intelligence brightened them again.

Constellation Energy Corp. shares surged to a record high after agreeing to acquire closely held Calpine Corp. for $16.4 billion in a deal that will create the largest fleet of US power stations.Most

It will need regulatory approvals from the Federal Energy Regulatory Commission, the Canadian Competition Bureau, the New York Public Service Commission, the Public Utility Commission of Texas and other regulatory agencies. Privately held Calpine is based ...

Constellation Energy (CEG) is a Zack Rank #1 (Strong Buy) that is a leading energy provider in the United States, specializing in electricity generation. The company delivers electric power, natural gas,