Constellation Energy (CEG) PT Raised to $378 at Guggenheim amid Calpine deal

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Constellation To Acquire Calpine; Creates America’s Leading Producer of Clean and Reliable Energy to Meet Growing Demand for Customers and Communities

January 10, 2025 6:52 AM EST

Constellation to Acquire Calpine in Stock and Cash

Joins Best-in-Class Customer Platforms, Providing Opportunities to Better Serve Customers with a Broader Array of Energy and Sustainability Products

Combines Nations Premier Nuclear, Natural Gas and Geothermal Fleets to Create Cleanest and Most Reliable Energy Producer, with Coast-to-Coast Presence

Immediately and Highly Accretive to Constellations EPS and Cash Flow with Value Creation for Constellation Owners

Ownership Commitment from Calpines Owners, led by Energy Capital Partners (ECP), Who... More