Constellation, Calpine reject deal critics’ proposed divestiture buyers standards
By Ilana Kowarski ( July 22, 2025, 20:08 GMT | Insight) -- Power plant operators Constellation Energy and Calpine Corporation complained today about demands from critics of their merger who desire a 3 percent regional market share cap on prospective divestiture buyers that already control assets within the territory of PJM Interconnection, a web of electricity grids in the Mid-Atlantic and Midwest.Power plant operators Constellation Energy and Calpine Corporation complained today about demands from critics of their proposed merger who desire a 3 percent regional market share cap on prospective divestiture buyers that already control assets within the territory of PJM Interconnection, a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia....
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