Ormat Technologies (NYSE:ORA) said Wednesday it signed a 10-year power purchase agreement with Calpine Energy Solutions, which will buy up to 15 MW of renewable energy from the Mammoth 2 geothermal power plant located near Mammoth Lakes,
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
Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of North America’s largest energy suppliers.
The deal becomes one of the biggest in the history of power generation at a time when demand for electricity has exploded.
Ormat Technologies (ORA) announced the signing of a 10-year Power Purchase Agreement, PPA, with Calpine Energy Solutions, one of North
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 comp
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies. Including the assumption of debt,
Constellation Energy Corporation ( CEG, Financials) said Friday that it will purchase Calpine Corporation ( CPN, Financials) for $26.6 billion in cash and shares, becoming the largest US renewable energy provider. The agreement combines Calpine's low-carbon natural gas and geothermal with Constellation's emissions-free nuclear.
NEW YORK (Reuters) - U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.S. power industry.
including California, Delaware, New York, Pennsylvania and Virginia. The buyout will also create the Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash.
Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies.
Nuclear energy is emerging as a pillar of the global energy transformation, offering reliable, eco-friendly power. The growing demands of advanced data centers, driven by artificial intelligence and cloud computing,