In Texas, Calpine has been selected as a finalist ... in Baltimore and would maintain a “significant” presence in Houston, Calpine’s current headquarters, according to Friday’s statement.

Energy Capital Partners’ $26.6 billion sale of independent power producer Calpine to Constellation ... including the 2021 ERCOT Texas grid failure, caused power investors to see the importance ...

Constellation Energy (NASDAQ:CEG) +5.2% pre-market Friday after saying it agreed to acquire Calpine in a cash and ... a significantly expanded presence in Texas, the fastest growing market for ...

It gives Calpine, which is privately held, an enterprise value 7.9 times the amount of earnings before interest, taxes, depreciation, and amortization it is expected to generate in 2026.