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Constellation Energy Nears $30 Billion Deal for Calpine.
- 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