Constellation to buy Calpine for $16 billion in deal combining nuclear, natural gas

Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the voracious energy demand from artificial intelligence — reached a $16 billion deal to buy Calpine.

Jan 10, 2025 - 06:00
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Constellation to buy Calpine for $16 billion in deal combining nuclear, natural gas
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the voracious energy demand from artificial intelligence — reached a $16 billion deal to buy Calpine.

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