The company is betting that data-center owners will be hungry for all sorts of power—from nuclear to conventional.
Good afternoon, and happy Friday, readers! In today’s Daily on Energy, Callie and Maydeen continue to cover the destructive fires burning throughout Los Angeles County. Our hearts go out to those who ...
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 ...
Constellation Energy, the owner of America’s biggest nuclear power fleet, is buying the owner of the largest natural ...
Stocks took their cue from the bond market, where yields rose to crank up the pressure after a report said U.S. employers ...
The S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns ...
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology ...
Constellation Energy, already the biggest US nuclear plant operator, also will become the largest independent power provider in the US after agreeing to buy Calpine, sending shares up 25%.
Merger joins nation’s largest nuclear operator with Texas-based major natural gas and geothermal owner to meet rising AI ...
Shares of Constellation Energy rocketed after it struck a deal to buy Calpine, uniting two of the U.S.'s largest power generators at a time of surging electricity demand. Columnist Jinjoo Lee lays out ...
Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.