Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

Constellation’s Calvert Cliffs nuclear plant on the Chesapeake Bay in Lusby, Maryland. The US electricity system is grappling with a historic rise in power demand after two decades of negligible ...

Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt. The total value of the deal will be about $26.6 billion.

Shares of Constellation Energy rocketed after it struck a deal to buy Calpine, uniting two of the U.S.'s largest power generators at a time of surging electricity demand. Columnist Jinjoo Lee lays ...

Energy company Constellation Energy nears a deal worth $30 billion with major electricity generator Calpine, according to Bloomberg.Market Domination hosts Julie Hyman and Josh Lipton review what ...