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Constellation Energy Nears $30 Billion Deal for Calpine.

Authors :
Gould, Ryan
Nair, Dinesh
Monks, Matthew
Carnevali, David
Source :
Bloomberg.com; 1/8/2025, pN.PAG-N.PAG, 1p
Publication Year :
2025

Abstract

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]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
182123594