Constellation announced it has received regulatory approval from the New York State Public Service Commission for its previously announced acquisition of Calpine Corporation. The approval represents the most recent step forward in Constellation’s plans to combine its nuclear fleet with Calpine’s portfolio of natural gas and geothermal assets.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CEG:
- Citi finds positive for Constellation in cell phone visitor activity
- McDonald’s downgraded, Oracle upgraded: Wall Street’s top analyst calls
- Constellation Energy initiated with an Outperform at Raymond James
- Hold Rating for Constellation Energy Corporation Amid Stable Power Deal Pricing and Revenue Outlook
- Energy Deal Creates Technical Bullish Signal for Meta Platforms Stock (META)