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Constellation Energy Stock Rallies
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
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.
Constellation buying Calpine in $26.6 billion deal that would join two huge US power companies
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.
Why Constellation Energy Stock Soared 22% on Friday
Constellation says that after merging with Calpine, it will be the biggest electric utility in America, with 2.5 million customers, and also the
15h
Constellation mega-deal delicately orbits AI sun
Reverse polarity is flowing into the electricity business. Exelon spun off Constellation Energy back in 2022 when prospects ...
8h
on MSN
Here's How Shares of Utility Company Constellation Energy Defied the Odds to Soar 91% Last Year
Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.
18h
on MSN
Baltimore-based Constellation to acquire Calpine, creating one of nation’s largest clean-energy producers
Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.
19h
on MSN
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
17h
Constellation Brands cuts annual forecasts as beer demand weakens
Corona and Modelo owner Constellation Brands cut its annual sales forecast on Friday as persistently sticky inflation dents ...
POWER Magazine
19h
Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath
Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create ...
15h
Modelo Beer Maker Constellation Brands’ Stock Plummets on Lowered Growth Forecast
Constellation Brands shares plunged Friday, after the maker of beer, wine, and spirits cut its guidance as consumers held ...
18h
on MSN
Constellation Brands (STZ) Q3 2025 Earnings Call Transcript
At this time, all participants are in listen-only mode. [Operator instructions] As a reminder, this conference is being ...
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