Constellation Completes Acquisition of Calpine; Groups Have 55 GW of Generation Capacity
by Darrell Proctor from POWER Magazine on (#72YFC)
Major U.S. utility Constellation said it has completed its acquisition of Calpine Corp. from Energy Capital Partners (ECP), creating the nation's largest producer of electricity. The companies on January 7 noted that the transaction, first announced as a $16.4-billion deal a year ago, unites Constellation's nuclear power fleet with Calpine's natural gas-fired and geothermal generation. [...]
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