Constellation Energy Boosts Stock with $16.4B Acquisition of Calpine

Reported about 18 hours ago

Constellation Energy shares surged after the company announced its acquisition of Calpine for $16.4 billion, forming the largest power station fleet in the U.S. The deal is expected to enhance operating earnings per share by over 20% by 2026, reflecting investor optimism about the growing electricity demand from data centers and electric vehicles.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis