Separately, Calpine and Constellation are already among the largest power generation companies in the country.

Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company.

Constellation Energy Group Inc. has agreed to buy a Texas company in a deal worth more than $26 billion that will create one of the largest energy producers in the country.

Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean

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.

The $16.4 billion purchase agreement would combine the biggest U.S. nuclear operator with Calpine’s natural gas assets.

Calpine's facilities are located mostly on the East Coast (mid-Atlantic and New England), Texas, and California. Also like Constellation, Calpine has a strong sales and marketing organization with ...

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.

Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence.

Baltimore-based Constellation’s plans to acquire a Houston, Texas,-based natural gas  producer in a $26.6 billion deal will create one of the nation’s biggest energy firms at a time

The Texas power grid managed by ERCOT performed admirably during this week's major winter weather event which brought blizzard conditions to the Gulf Coast.

U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy Inc. has appointed W. Benjamin Moreland to serve as a member of its board effective January 21, 2025. The company said in a media release that Moreland is considered an independent director and has been appointed to the Audit and Compensation Committees.