Texas is seeing power demand surge due to data centers, population growth and electrification efforts in oil fields. The acquisition of Houston’s largest private company marks a shift for ...

The deal bolsters the company's presence in Texas, an important market for the energy producer. STORY HIGHLIGHTS Constellation Energy Group agrees to acquire Calpine Corp. in a deal worth $26.6 ...

On Friday, Constellation Energy announced it was acquiring Calpine Corporation, which is based in Houston, in a cash and stock transaction valued at more than $16 billion. The move sent ...

Constellation was also selected as a Texas Energy Fund finalist for its plans to build a 300-megawatt gas-fired power plant outside Dallas near a controversial bitcoin mining facility. S&P’s ...