NasdaqGS:CEGElectric Utilities
Constellation Energy Reshapes Portfolio With LS Power Sale For Calpine Deal
Constellation Energy (NasdaqGS:CEG) has agreed to sell a major portfolio of natural gas fired power plants to LS Power.
The planned divestiture is designed to satisfy antitrust conditions tied to Constellation's acquisition of Calpine.
This transaction represents the largest portion of regulatory required asset sales linked to the Calpine deal and is subject to approvals from the U.S. Department of Justice and FERC.
Constellation Energy operates a large U.S. power generation and energy...