Constellation Energy Stock Soars on $26.6B Deal To Buy Rival Energy Producer Calpine
1. Constellation Energy acquires Calpine for $26.6 billion, expanding clean energy footprint. 2. Deal creates the largest clean energy provider in the U.S., enhancing market presence. 3. Expected $2 billion in adjusted cash flow and $2 EPS growth post-2026. 4. Power demand for AI data centers predicted to triple by 2030. 5. Constellation shares have doubled in value over the past year.