Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company.

Separately, Calpine and Constellation are already among the largest power generation companies in the country.

Constellation Energy Group Inc. has agreed to buy a Texas company in a deal worth more than $26 billion that will create one of the largest energy producers in the country.

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

Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power companies.

Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine, people familiar with the matter said on Wednesday, a move that would significantly expand Constellation's generation assets at a time of rising U.

The $16.4 billion purchase agreement would combine the biggest U.S. nuclear operator with Calpine’s natural gas assets.

The Canada Pension Plan Investment Board is selling its stake in Texas-based electricity producer Calpine Corp. for cash and stock, reaping a significant windfall in a deal that will see Constellation Energy Corp. CEG-Q acquire Calpine for US$16.4-billion.

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 ...

the Public Utility Commission of Texas and other regulatory agencies. Privately held Calpine is based in Houston. Shares of Constellation Energy Corp., based in Baltimore, surged more than 25% Friday.

Prices of high-yield dividend stocks sank as yields for long-term Treasuries surged in the final months of 2024. Realty Income is known for its dividend, but growth is coming from surprising places too.

Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy