Separately, Calpine and Constellation are already among the largest power generation companies in the country.

Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company.

Constellation Energy Group Inc. has agreed to buy a Texas company in a deal worth more than $26 billion that will create one of the largest energy producers in the country.

Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean

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.

The $16.4 billion purchase agreement would combine the biggest U.S. nuclear operator with Calpine’s natural gas assets.

Calpine's facilities are located mostly on the East Coast (mid-Atlantic and New England), Texas, and California. Also like Constellation, Calpine has a strong sales and marketing organization with ...

the Public Utility Commission of Texas and other regulatory agencies. Privately held Calpine is based in Houston. Shares of Constellation Energy Corp., based in Baltimore, surged more than 25% Friday.

The Texas power grid managed by ERCOT performed admirably during this week's major winter weather event which brought blizzard conditions to the Gulf Coast.

U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy Inc. has appointed W. Benjamin Moreland to serve as a member of its board effective January 21, 2025. The company said in a media release that Moreland is considered an independent director and has been appointed to the Audit and Compensation Committees.

Netflix is increasing subscription prices in the U.S. and other markets — including the first hike on its ad-supported plan. The streamer revealed the price increases along with its Q4 2024 earnings results Tuesday, when it announced its biggest-ever quarterly increase in subscribers with a gain of 18.9 million for the period. Under the new …

The information in this article is based on a press release statement from Cheniere Energy (NYSE:LNG), Inc. The company has demonstrated strong performance with a 58.6% return over the past year, though InvestingPro analysis indicates the stock is currently trading above its Fair Value.