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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 ...
The deal calls for Constellation CEG to pay 50 million in its shares and $4.5 billion in cash, as well as to assume about $12.7 billion of Calpine’s debt. Partner Center. Most Popular.
In midday trading on Wednesday, Constellation was down 3% to $303.62. The S&P 500 and Nasdaq Composite rose 0.2% and 0.3%, respectively. For the year, Constellation is up 36% as the outlook for ...
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Constellation Energy CEG 1.73 % increase; green up pointing triangle agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their ...
Meta, the owner of Facebook, Instagram and WhatsApp, has teamed up with Baltimore-based Constellation to power artificial intelligence technology with nuclear energy in coming decades.
Constellation Energy is increasingly focused on potential data center projects that connect to the U.S. electrical grid in a pivot away from the company's previous emphasis on fueling the giant ...