Ormat Technologies has secured a new PPA for up to 15 MW from its Mammoth 2 geothermal power plant in California replacing a lower-priced PPA with SCE.
Ormat Technologies (NYSE:ORA) said Wednesday it signed a 10-year power purchase agreement with Calpine Energy Solutions, which will buy up to 15 MW of renewable energy from the Mammoth 2 geothermal power plant located near Mammoth Lakes,
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence.
Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean
The deal becomes one of the biggest in the history of power generation at a time when demand for electricity has exploded.
Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of North America’s largest energy suppliers.
Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power companies.
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies. Including the assumption of debt,
Ormat Technologies (ORA) announced the signing of a 10-year Power Purchase Agreement, PPA, with Calpine Energy Solutions, one of North
Constellation Energy Group Inc. has agreed to buy a Texas company in a deal worth more than $26 billion that will create one of the largest energy producers in the country.
Constellation Energy Corporation ( CEG, Financials) said Friday that it will purchase Calpine Corporation ( CPN, Financials) for $26.6 billion in cash and shares, becoming the largest US renewable energy provider. The agreement combines Calpine's low-carbon natural gas and geothermal with Constellation's emissions-free nuclear.
including California, Delaware, New York, Pennsylvania and Virginia. The buyout will also create the Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash.