Constellation to Acquire Calpine for $16.4 billion

Constellation to Acquire Calpine for $16.4 billion

Constellation has announced an agreement to acquire Calpine Corp. for approximately $16.4 billion in cash and stock. The net purchase price could reach $26.6 billion after accounting for cash generated by Calpine before closing as well as the value of tax attributes...
FERC approves delay to 2025 ISO-NE capacity auction

FERC approves delay to 2025 ISO-NE capacity auction

Originally scheduled for February 2025, the Federal Energy Regulatory Commission (FERC) has agreed to a one-year delay to the 19th ISO New England (ISO-NE) capacity auction. The delay came at the request of ISO-NE and the New England Power Pool (NEPOOL) as they seek...
PJM seeks to delay power capacity auctions

PJM seeks to delay power capacity auctions

The PJM Interconnection board of managers is seeking a delay of upcoming capacity auctions, including June’s auction for the 2025/26 delivery year, so that proposed design rule changes may be implemented. “In arriving at this decision, the Board recognized that,...
LS Power to acquire 334 MW hydro portfolio

LS Power to acquire 334 MW hydro portfolio

LS Power has announced its plan to acquire 42 hydro facilities from Hull Street Energy. The run-of-river hydro facilities are located in 11 states and 334 MW in generating capacity. Hull Street Energy began acquiring and improving the hydroelectric plant portfolio in...