Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.

Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion. Monitor these key chart levels.

Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.

The power producer agreed to buy Calpine this past week for $16.4 billion and has become an industry darling amid surging electricity demand

Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.

Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.

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 produces electricity at power plants mainly in Maryland, Illinois, New York and Pennsylvania. Houston-based Calpine said it is the largest U.S. producer of energy from “low ...

A bevy of energy-focused executive orders signed by President Donald Trump on Monday have state and local officials on edge, wondering when or if

As the rise of AI heightens the need for clean energy to fuel data centers, South Carolina aims to restart construction on a partially-built, defunct nuclear power plant. Will Big Tech finish what they started?

As the rise of AI heightens the need for clean energy to fuel data centers, South Carolina aims to restart construction on a partially-built, defunct nuclear power plant. Will Big Tech finish what they started?

Good afternoon and Happy Wednesday readers! In today’s Daily on Energy, Callie and Maydeen take a look at how President Donald Trump’s flurry of executive orders could affect how lawmakers vote on his two energy nominees.