Deregulated energy companies could lose if AI computing costs fall. Constellation and other AI stocks recouped some of their initial losses. The news caused investors to question the trajectory of ...
Constellation announced plans to buy Calpine Corp. in a nearly $30 billion transaction this morning. Constellation says the deal will make it America's biggest electric utility, and grow earnings ...
Constellation plans to pay $16.4 billion for privately held Calpine, transferring 50 million Constellation shares and paying $4.5 billion in cash, plus assuming $12.7 billion of Calpine debt.
Constellation Energy (NASDAQ: CEG) was among the losers this week as the deregulated utility was one of a number of stocks to get hit hard by the launch of DeepSeek, the Chinese AI start-up that ...
Constellation said it will use 50 million CEG shares priced at the 20-day volume-weighted average price (VWAP) of approximately $237.98 apiece and $4.5 billion in cash to fund the purchase. It ...
Nuclear energy powerhouse Constellation Energy (CEG) soared 25% on Friday to all-time highs after announcing its acquisition of natural gas and geothermal giant Calpine. The deal creates the ...
Constellation, under the helm of CEO Joe Dominguez, claims that nearly 90% of its annual energy output comes from emissions-free sources. The Calpine purchase brings a major gas-fired asset under ...
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence. By Rebecca F ...
Baltimore-based Constellation Energy, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp. in a cash and stock transaction valued at $16.4 billion, the company ...
Baltimore-based energy company Constellation’s plans to acquire a Houston, Texas-based natural gas producer in a $26.6 billion deal will boost the nation’s biggest energy firm right as the U.S ...
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