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Constellation Energy receives nod from FERC for Calpine acquisition

ReutersJul 24, 2025 12:06 PM

- Utility company Constellation Energy CEG.O said on Thursday it has received a regulatory approval from the Federal Energy Regulatory Commission (FERC) for its previously announced $16.4 billion acquisition of Calpine Corporation.

This approval represents a step forward in the transaction following earlier approvals by the New York Public Service Commission and the Public Utility Commission of Texas, the company said.

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