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Constellation Energy Corp. is in talks to acquire Calpine Corp. in a deal that could be worth around $30 billion, making it one of the largest deals in the power generation sector. Calpine, which was taken private in 2017, operates numerous facilities across the US and Canada, generating electricity from natural gas and geothermal resources. The potential acquisition is seen as a strategic move by Constellation to expand its power generation capabilities in response to increasing electricity demand driven by factors such as data centers and electrification trends. The finalization of the deal is still pending and subject to change. [Extracted from the article]

Constellation Energy Corp. is in talks to acquire Calpine Corp. in a deal that could be worth around $30 billion, making it one of the largest deals in the power generation sector. Calpine, which operates numerous facilities across the US and Canada, generates electricity from natural gas and geothermal resources. The surge in demand for electricity due to factors like data centers and electrification has led to an increase in mergers and acquisitions in the power generation sector. [Extracted from the article]

Constellation Energy Corp. is in talks to acquire Calpine Corp. in a deal that could be worth around $30 billion, making it one of the largest deals in the power generation sector. Calpine, which was taken private in 2017, operates nearly 80 facilities across the US and Canada, generating electricity from natural gas and geothermal resources. The surge in demand for electricity due to factors like data centers and electrification is driving the need for such acquisitions. The finalization of the deal is still pending and the terms could change. [Extracted from the article]