NasdaqGS:CEGElectric Utilities
Three Mile Island Waiver And Calpine Deal Recast Constellation’s Power Future
Constellation Energy (NasdaqGS:CEG) received a federal regulatory waiver that clears the way to restart the Three Mile Island nuclear plant years earlier than previously expected.
The approval comes shortly after the company closed a US$16.4b acquisition of Calpine, expanding its natural gas and clean energy footprint.
The combination of the waiver and the Calpine deal reshapes Constellation’s generation mix at a time when demand from data centers and other large power users is...