Constellation Energy acquires Calpine Corp
Type: Acquisition · Technology: Nuclear, Gas, Geothermal, Other · Country: United States · Value: $16.4B · Announced: 2024-09-13
Constellation Energy agreed to buy Calpine Corp in a cash-and-stock deal valuing Calpine at $16.4 billion ($26.6 billion including debt), creating the largest U.S. independent power provider with nearly 60 GW of capacity across nuclear, natural gas and geothermal.
Counterparties
- Calpine Corp (Seller)
- Constellation Energy (Buyer)
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