Constellation Energy

Constellation Energy to buy Calpine in blockbuster $16.4 billion U.S. power deal

January 10, 2025

(CNBC)– 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. The cash-and-stock deal comes at a time of rising electricity demand, driven by the proliferation of energy-guzzling AI data centers and the electrification of transportation

Three Mile Island nuclear plant gears up for Big Tech reboot

October 22, 2024

(Yahoo Finance) – THREE MILE ISLAND, Pennsylvania (Reuters) – Giant cooling towers at Constellation Energy’s Three Mile Island nuclear plant in Pennsylvania have sat dormant for so long that grass has sprung up in the towers’ hollowed-out bases and wildlife roam inside. Armed guard stations at an entrance to the shut concrete facility, surrounded by barbed wire, sit empty. The plant,

Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

September 20, 2024

CNBC Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense energy needs of the tech sector as they build out data centers to support artificial intelligence. Constellation expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in 2028, subject to approval by

Constellation Energy to buy Calpine in blockbuster $16.4 billion U.S. power deal

Three Mile Island nuclear plant gears up for Big Tech reboot

Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

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