Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion. Monitor these key chart levels.

Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.

Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.

Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.

Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.

Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power companies.

Baltimore-based Constellation’s plans to acquire a Houston, Texas,-based natural gas  producer in a $26.6 billion deal will create one of the nation’s biggest energy firms at a time

“By combining Constellation’s unmatched expertise in zero-emission nuclear energy with Calpine’s industry-leading, best-in-class, low-carbon natural gas and geothermal generation ...

Good afternoon and Happy Wednesday readers! In today’s Daily on Energy, Callie and Maydeen take a look at how President Donald Trump’s flurry of executive orders could affect how lawmakers vote on his two energy nominees.

In a world where private equity is struggling to return cash to investors, the $16.4 billion sale of Calpine Corp to Constellation Energy shines like a rare diamond in the rough, sparking hopes for a resurgence of mega-exits.

A decade of peerless returns. That’s what billionaire investor Howard Marks expects in the aftermath of Donald Trump’s assuming the position of the leader of the biggest economy in the world. He expects the US economy to remain the envy of the world and grow in strength with the slashing of red tape and easing taxes.

Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong,