Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean

Calpine, the biggest U.S. producer of energy from low-emission ... This deal broadened CEG’s renewable portfolio, including the Geysers facility in Northern California, which is the largest geothermal generator in the United States.

Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power comp

Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies. Including the assumption of debt,

Constellation Energy Corporation ( CEG, Financials) said Friday that it will purchase Calpine Corporation ( CPN, Financials) for $26.6 billion in cash and shares, becoming the largest US renewable energy provider. The agreement combines Calpine's low-carbon natural gas and geothermal with Constellation's emissions-free nuclear.

The deal becomes one of the biggest in the history of power generation at a time when demand for electricity has exploded.

California and Texas are the two most populous ... to report in May last year that the three investment firms that took Calpine private in 2017 - Canada Pension Plan Investment Board, Energy ...

Paul Zimbardo CFA, an analyst from Jefferies, maintained the Hold rating on Constellation Energy Corporation (CEG – Research Report). The

The deal bolsters the company's presence in Texas, an important market for the energy producer. STORY HIGHLIGHTS Constellation Energy Group agrees to acquire Calpine Corp. in a deal worth $26.6 ...

Calpine, the biggest U.S. producer of energy ... including the Geysers facility in Northern California, which is the largest geothermal generator in the United States. The combined company is ...

including California, Delaware, New York, Pennsylvania and Virginia. The buyout will also create the Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash.