Calpine, the largest private company in Houston, announced a deal to be acquired by Baltimore-based Constellation for approximately $16.4 billion Friday morning. Constellation would buy Calpine ...

Constellation’s Calvert Cliffs nuclear plant on the Chesapeake Bay in Lusby, Maryland. The US electricity system is grappling with a historic rise in power demand after two decades of negligible ...

CEG set to pay mostly in stock, absorb $12 bln Calpine debt Deal talks advanced, could come as soon as Monday Would be largest U.S. power M&A deal since 2007 Calpine gas plants complement CEG's ...

Constellation Energy Corp. is nearing an acquisition of Calpine Corp., people familiar with the matter said, in what would be one of the biggest ever deals in the power generation sector.

Constellation has been focusing on operating nuclear power plants, becoming the largest nuclear plant operator in the United States, but its $26.6 billion acquisition of Calpine will bring in vast ...

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

Under this agreement, Calpine Energy Solutions will purchase up to 15 megawatts (MW) of clean, renewable energy from the Mammoth 2 geothermal power plant located near Mammoth Lakes, California ...

Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt. The total value of the deal will be about $26.6 billion.