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S&P 500 Giant Soars 20% On $26 Billion Deal For Geothermal, Natural Gas Giant Calpine
Constellation Energy jumped Friday after announcing that it will buy Calpine, adding geothermal and more natural gas to its portfolio.
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence technologies, on Friday reached a $16.
Constellation Energy Agrees to Buy Calpine for $16.4 Billion
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies. Including the assumption of debt,
Constellation Energy Jumps On $26 Billion Deal For Geothermal, Natural Gas Giant Calpine
Constellation Energy jumped Friday after announcing that it will buy Calpine, adding geothermal and more natural gas to its portfolio.
Morning Movers: Constellation Energy climbs following deal to buy Calpine
Check out this morning’s top movers from around Wall Street, compiled by The Fly. Stay Ahead of the Market:Discover outperforming stocks and
15h
on MSN
Constellation buying Calpine in $26.6 billion deal that would join two huge US power companies
Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the ...
3d
Fervo Energy nabs $255M to deploy carbon-free geothermal power
The Houston, Texas-headquartered energy company said the new funding would help it deploy geothermal energy to meet the ...
Datacenter Dynamics
2h
Diversity of power - the biggest data center energy stories of 2024
For power procurement in the data center sector, 2024 was a landmark year. Energy demand from data centers has continued to ...
8d
Chart: Geothermal has vast potential to meet the world's power needs
Canary Media’s chart of the week translates crucial data about the clean energy transition into a visual format. Geothermal ...
Boise State Public Radio
11d
Mountain West states are leading the charge to boost geothermal energy in the U.S.
There’s a whole bunch of energy right below people’s feet in many Western states. And it doesn’t release any pollution into ...
3d
A Key Part of Biden’s Climate Law Was Built to Survive Trump. Now, the Test.
A lucrative tax credit for renewable energy could be hard to kill because it applies to a technologies favored by Republicans ...
E&E
14h
Court upholds approval for Calif. lithium project
A judge declined to order more analysis for the Hell's Kitchen Lithium and Power project near California's Salton Sea.
Crude Oil Prices
9d
Could Texas Become a Geothermal Energy Hub?
Geothermal energy, while promising due to its zero emissions and constant productivity, faces technical and non-technical ...
3d
Biden to Push Geothermal Energy to Boost AI Growth
President Joe Biden’s administration plans to streamline permitting for geothermal energy development as part of a broader ...
Datacenter Dynamics
2d
US government set to streamline geothermal permitting to boost AI data center energy options
The outgoing US government is set to streamline permitting for geothermal energy development as part of a broader executive ...
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Calpine
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