US energy firm Constellation to buy Calpine in $27 bn deal
New York (AFP) Jan 10, 2025
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. The deal will create the largest low-emission energy supplier in the United States, the companies said, amid rising energy needs fueled by the artificial intelligence boom. Baltimore-based Constellation will pay ap
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. The deal will create the largest low-emission energy supplier in the United States, the companies said, amid rising energy needs fueled by the artificial intelligence boom. Baltimore-based Constellation will pay ap