Constellation Energy Dives on Bold $30B Gas Deal Shift
Constellation Energy (CEG), a leading S&P 500 nuclear power company, saw its stock decline sharply following reports of a potential $30 billion acquisition of Calpine, a natural gas and geothermal power generator. This significant investment marks a strategic pivot for Constellation, traditionally lauded for its stable, low-risk nuclear portfolio, and has introduced new commodity-linked uncertainties. … Checkout this Post