More gas-fired power deals are expected, with potential PE sellers including Avenue Capital, ArcLight Capital and LS Power.
Calpine said it will sell four power plants in PJM in an effort to allay concerns that Constellation Energy's plan to buy the company could use its market power to affect power prices.
Constellation and Calpine’s generation fleets are complementary and largely located in different U.S. regions. However, the companies overlap primarily in the eastern portion of PJM Interconnection, according to a filing submitted to the Federal Energy Regulatory Commission (FERC).
Calpine plans to sell four “valuable” power plants in the PJM Interconnection’s eastern region through a solicitation process, the company told FERC.
The Texas power grid managed by ERCOT performed admirably during this week's major winter weather event which brought blizzard conditions to the Gulf Coast.
This pharma stock has made strong gains over the past 12 months thanks to its strong earnings. Now it is testing a fresh buy point.
Springfield lawmakers will hash out a plan to move solar and wind projects forward after sluggish growth for clean power in Illinois and a recent rise in coal and natural gas demand.
Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as 2028, while also signing a new partnership with GE Vernova to develop natural gas generation projects that could be paired with renewable energy and storage.
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play.
Eaton Corporation on Friday forecast 2025 adjusted profit above Wall Street estimates, expecting demand for electrical equipment to remain strong due to an artificial intelligence-related data center boom.
With a $1B power plant deal in Virginia, Blackstone continues to bet big on data centers and the infrastructure to power them.
Charles R. Goulding and Preeti Sulibhavi delve into the $26.6 billion merger that creates America’s top clean energy provider and integrates groundbreaking 3D printing technologies.