Big Law

Constellation Energy Corporation, the Leading Operator of Nuclear Power Plants in the U.S., Completes Acquisition of Calpine Corporation

Constellation Energy Corporation (NASDAQ:CEG) is the largest private-sector power producer, the largest producer of clean energy, and the leading operator of nuclear power plants in the United States.

Constellation Energy Corporation (NASDAQ:CEG) announced on January 7 that it had completed the acquisition of Calpine Corporation, marking a significant milestone for the company. One of the biggest deals in American power industry history, the $16.4 billion acquisition is expected to add $2 billion to Constellation’s free cash flow on an annual basis. Together, the companies boast 55 gigawatts of capacity from zero- and low-emission sources, including nuclear, natural gas, and geothermal.

Read more at Yahoo!Finance

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