Baltimore-based energy company Constellation’s plans to acquire a Houston, Texas-based natural gas producer in a $26.6 billion deal will boost the nation’s biggest energy firm right as the U.S. faces skyrocketing demand for power sources for a booming tech sector.

Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.

Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.

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

Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.

The Canada Pension Plan Investment Board is selling its stake in Texas-based electricity producer Calpine Corp. for cash and stock, reaping a significant windfall in a deal that will see Constellation Energy Corp. CEG-Q acquire Calpine for US$16.4-billion.

Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies.

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. It will also assume about $12.7 billion in Calpine ...

CPP Investments and Bridge Industrial launched a joint venture targeting high-quality industrial properties in key U.S. markets, with $789 million in allocated equity.

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Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion. Monitor these key chart levels.

Calpine’s low-emission natural gas plants ... in addition to restarting the Crane Clean Energy Center in Pennsylvania. “This acquisition will help us better serve our customers across ...