Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at ...

Calpine's facilities are located mostly on the East Coast (mid-Atlantic and New England), Texas, and California. Also like Constellation, Calpine has a strong sales and marketing organization with ...

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

Constellation Energy, a major US nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for nearly $27 billion, the two firms announced Friday.

Calpine, which is based in Houston and privately held, operates a large fleet of natural gas power plants in several states as well as the Geysers geothermal energy complex in California.

Constellation Energy shares surged Friday after the company agreed to buy private energy company Calpine in a deal valued at $26.6 billion.

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 ...

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

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 ...

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.

The move expands Constellation's presence in California and Texas ... after the company agreed to buy private energy company Calpine in a deal valued at $26.6 billion that it said will create ...