Constellation, which spun off from Exelon in 2022, saw its share price more than double last year, which is what would enable it to buy Calpine. The bottom line: This is all about rising U.S ...

Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of $16.4bn. This is composed of 50 million shares of Constellation stock and $4.5bn in cash ...

It will also assume roughly $12.7 billion of Calpine's net debt. "This acquisition will help us better serve our customers across America, from families to businesses and utilities," said ...

It gives Calpine, which is privately held, an enterprise value 7.9 times the amount of earnings before interest, taxes, depreciation, and amortization it is expected to generate in 2026.

Calpine said it will sell four power plants in the PJM Interconnection totaling 3,546 MW in an effort to allay concerns that Constellation Energy's (NASDAQ:CEG) plan to buy the company could use ...

Energy Capital Partners’ $26.6 billion sale of independent power producer Calpine to Constellation Energy Corp will create the largest clean energy provider in the US – capable of generating ...

As part of Constellation Energy’s plan to buy Calpine, Calpine will sell power plants in the PJM Interconnection totaling 3,546 MW to allay concerns the combined company could use its market ...

Constellation Energy (NASDAQ:CEG) +5.2% pre-market Friday after saying it agreed to acquire Calpine in a cash and stock deal valued at $26.6B, composed of 50M Constellation shares and $4.5B in ...