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Power Companies Reach $16.4 Billion Deal as A.I. Drives Energy Use Up
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity by the technology industry.
Constellation to buy Calpine for $16 billion in deal combining nuclear, natural gas
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the voracious energy demand from artificial intelligence — reached a $16 billion deal to buy Calpine.
Constellation Energy To Acquire Calpine In $16.4 Bln Cash And Stock Deal
Constellation Energy Group, Ins. (CEG) and Calpine Corp. (CPN) announced Friday they have entered into a definitive agreement under
Constellation Energy to buy Calpine in $26.6 billion deal
Constellation Energy said on Friday it would buy privately held Calpine Corp, a geothermal and natgas energy company, in a cash-and-stock deal valued at $26.6 billion including debt, sending Constellation's shares up 8.
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42m
‘All of this takes time to build’: Texas considers moving forward with nuclear energy plans to help relieve grid stress
HOUSTON – The State of Texas plans to move forward with nuclear energy plans dedicated to relieving stress on our grid system ...
21h
URAN And WISE: Nuclear Energy Correlates With AI Hype As President Trump Promises Nuclear Reforms
Rising data center power demands, driven by AI adoption, highlight the increasing importance of nuclear energy for efficient ...
1d
on MSN
Next-Generation Nuclear Energy Developer Sues Federal Regulators
If successful, the lawsuit could be a significant first step in reducing the red tape that has plagued American nuclear power ...
1d
Better Nuclear Stock: Uranium Energy vs. NuScale Power
Uranium Energy claims to be "America's largest and fastest growing uranium company." NuScale Power is an upstart looking to ...
6d
on MSN
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce ...
6h
Deep Yellow Ideally Positioned For A Potential Boom In Nuclear Power Plants
Deep Yellow's strong cash position provides a safety margin, making it an attractive investment for those bullish on nuclear ...
17h
Biden banned Russian uranium. Richland hopes to land $3B nuclear fuel plant with 1,000 jobs
DOE is pursuing domestic production and processing of HALEU after President Biden banned the import of Russian uranium in May ...
2d
Jimmy Carter, a former nuclear engineer, created Department of Energy and opposed reactor
Jimmy Carter formed the Department of Energy, opposed a major Oak Ridge nuclear project and responded to Three Mile Island.
12d
Governors Display Bipartisan Support For Nuclear Energy
Governors and lawmakers from both parties are promoting expansion of nuclear energy production capacity in the U.S.
4d
US to end restrictions on Indian nuclear entities to boost energy ties, Sullivan says
The U.S. government is in the process of removing restrictions on Indian nuclear entities, National Security Advisor Jake ...
3d
on MSN
A new tax credit for hydrogen helps out nuclear energy
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...
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