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Constellation Energy to buy Calpine for $26.6 billion

( January 10, 2025, 13:43 GMT | Official Statement) -- MLex Summary: Constellation Energy has agreed to buy Calpine for $26.6 billion in a cash and stock deal. The agreement creates the nation’s largest clean energy provider, opening opportunities to serve more customers coast-to-coast with a broader array of energy and sustainability products. The transaction is expected to close within 12 months of signing, subject to the satisfaction of customary closing conditions, including the expiration or termination of the antitrust waiting period, and regulatory approvals from the US Federal Energy Regulatory Commission, Canada's Competition Bureau, the New York Public Service Commission, the Public Utility Commission of Texas and other regulatory agencies....

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