International Companies
Constellation Energy and Calpine unveil plans for $27bn merger
By Benjamin Chiou
Date: Friday 10 Jan 2025
(Sharecast News) - American power generation giant Constellation Energy has announced plans to merge with privately owned peer Calpine in a deal worth nearly $27bn.
The tie-up will create the country's "leading producer of clean and reliable energy to meet growing demand for customers and communities", the companies said on Friday.
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