www.bloomberg.com
Constellation Energy finalized its $16.4 billion acquisition of Calpine Corp. after resolving concerns raised by the US Justice Department. This significant deal, marking Constellation’s entrance into the power-plant ownership market, faced regulatory scrutiny due to potential antitrust issues. The resolution allowed Constellation to proceed with the purchase, expanding its energy portfolio and solidifying its position in the power generation sector. The agreement addresses concerns related to market competition, ensuring a fair landscape within the energy industry following this major acquisition.
