Reverse polarity is flowing into the electricity business. Exelon spun off Constellation Energy back in 2022 when prospects ...
Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at ...
The net purchase price of the deal is roughly $26.6 billion, which includes the assumption of debt for the privately held ...
Separately, Calpine and Constellation are already among the largest power generation companies in the country.
Constellation Energy Corp. is nearing an acquisition of Calpine Corp., people familiar with the matter said, in what would be ...