Announced

Completed

Constellation completed the acquisition of Calpine from Energy Capital Partners for $26.6bn.

Synopsis

Constellation, a producer of clean, emissions-free energy, completed the acquisition of Calpine, a generator of electricity from natural gas and geothermal resources, from Energy Capital Partners, an American investment firm, for $26.6bn. "This is an exciting day for both our companies and for the customers and communities we serve. We have the assets that power America today and meet the needs of tomorrow. Our expanded capabilities will allow us to better serve customers and communities, enable investment in critical infrastructure and support national priorities for energy security, economic competitiveness and technological leadership. Our teams share a relentless commitment to safety, sustainability and operational excellence, and I’m excited about what we will accomplish together," Andrew Novotny, Calpine President and CEO.

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MergerLinks - Constellation completed the acquisition of Calpine from Energy Capital Partners for $26.6bn.