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acquisitionAnnounced · Jan 26, 2026Clean EnergySource · AdvertisementsArticle · Expectations
Constellation Energy acquires Calpine
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$16.4B
Target
Calpine
Houston, Texas
Acquirer
Constellation Energy
Full Acquisition
Status
Pending
Constellation Energy agreed to acquire Calpine. Reported deal value: $16.4B. Status: Pending. Sector: Clean Energy. Target headquarters context: Houston, Texas, United States.
This page summarizes publicly available information about the transaction as of 2026-01-26. Figures and status may change as filings and press coverage update.
On January 9, 2026, TD Cowen initiated coverage on Constellation Energy Corporation with a ‘Buy’ rating and a $440 price target, while highlighting heightened regulatory risks
Deal timeline
Announced
Jan 26, 2026 · insidermonkey.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Clean Energy with a reported deal value of $16.4B. Figures and status may change as sources update.
Sources: insidermonkey.com · Primary article · FireStrike proprietary index