Here's why that's a win for natural gas in Texas. Calpine’s natural gas power plants “will play a key role in maintaining grid reliability for decades to come as customers transition to ...
Calpine provides Constellation with a significant amount of power generation on the East and West coasts as well as 9.6 GW in Texas, which the companies said is the fastest-growing market for ...
The deal bolsters the company's presence in Texas, an important market for the energy producer. STORY HIGHLIGHTS Constellation Energy Group agrees to acquire Calpine Corp. in a deal worth $26.6 ...
Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion ... include a significantly expanded presence in Texas, the fastest growing market for power demand ...
Calpine said it will sell four power plants in PJM in an effort to allay concerns that Constellation Energy's plan to buy the ...
“Through this combination, our owners will have better upside exposure to growth in Texas.” In a statement on Friday, Andrew Novotny, president and CEO of Calpine, also lauded the companies ...
Calpine plans to sell four “valuable” power plants in the PJM Interconnection’s eastern region through a solicitation process ...
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 comp ...
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.