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

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

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,

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 ...

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 ...

Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies.

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 ...

Today is like a little taste of what the year could be like if everything goes just right. Inflation is cooler, bond yields have chilled out, bank earnings are coming in strong, and stocks are up 1.7%.

Constellation announced the acquisition of Calpine - including its large natural gas fleet - in what becomes one of the biggest deals in the history of power generation.

Governor Gavin Newsom last week announced two appointments of Bay Area residents, one to a state rail authority and the other to the state water commission.

A fresh wave of U.S. sanctions against Russia's oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months. The power producer agreed to buy Calpine this past week for $16.4 billion and has become an industry darling amid surging electricity demand.