Curated News
By: NewsRamp Editorial Staff
July 24, 2025
Constellation's Calpine Acquisition Gets FERC Green Light
TLDR
- Constellation's acquisition of Calpine Corporation, approved by FERC, positions it as America's leading clean energy producer, offering a competitive edge in meeting growing electricity demand.
- Constellation's acquisition of Calpine Corporation involves regulatory approvals from FERC, NYPSC, and PUCT, with DOJ clearance pending, expected to close in Q4 2025.
- This acquisition by Constellation enhances the nation's clean energy supply, supporting communities and industries with sustainable power for a better tomorrow.
- Constellation, the largest U.S. producer of carbon-free energy, is set to acquire Calpine, marking a significant step towards a sustainable energy future.
Impact - Why it Matters
This development is crucial as it signifies a major advancement in the availability of clean and reliable energy in the U.S. With the increasing demand for sustainable energy solutions, Constellation's acquisition of Calpine Corporation is set to play a pivotal role in meeting this need, ensuring that industries and communities have access to the power they require to grow and thrive in an environmentally responsible manner.
Summary
Constellation Energy Corporation (Nasdaq: CEG), a leading producer of clean and reliable energy, has received regulatory approval from the Federal Energy Regulatory Commission (FERC) for its previously announced acquisition of Calpine Corporation. This move is set to enhance Constellation's capacity to meet the growing demand for clean energy across the United States. Joe Dominguez, president and CEO of Constellation, highlighted the importance of this approval in enabling the company to serve the nation's industries and communities with sustainable power solutions. The transaction, which has also received nods from the New York Public Service Commission and the Public Utility Commission of Texas, is expected to close in the fourth quarter of 2025, pending further approvals.
Constellation, headquartered in Baltimore, stands as the nation's largest producer of emissions-free energy, supplying power to a significant portion of Fortune 100 companies. With a generating capacity that can power the equivalent of 16 million homes, Constellation's commitment to a sustainable energy future is clear. The acquisition of Calpine Corporation marks a significant step forward in this mission, promising to bolster the availability of clean energy for millions of Americans.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Constellation's Calpine Acquisition Gets FERC Green Light
