More than half of the 10 largest deals announced in 2025 have involved a private target, data compiled by Bloomberg show.

The transaction — expected to close in the fourth quarter of 2025 — now awaits approval from the Federal Energy Regulatory ...

Calpine’s major shareholders, including ECP, CPP Investments and Access Industries, have agreed to an 18-month lock-up on their Constellation equity, with a schedule for potential sales.

Beleaguered Calpine Corp., a once-highflying power producer that has been selling assets to reduce debt, has confirmed new troubles: The company said Thursday that it was unable to withdraw $400 ...

Calpine Corp. has emerged from Chapter 11 bankruptcy protection, ending a two-year slog in which the power producer slashed one-third of its workforce and sold off a string of plants to help get ...

Calpine, the troubled energy giant whose $17 billion in debt is widely held across Wall Street, lost a courtroom skirmish yesterday in its quest to stay out of bankruptcy. New York State Supreme Co… ...

Calpine, the U.S. power producer that exited bankruptcy protection in January, reported a profit in the second quarter which beat analysts' estimates, after a year-earlier loss from reorganization ...

Calpine Corp., the largest U.S. issuer of junk bonds in 2004, said Wednesday it will sell as many as eight power stations and idle money-losing plants to accelerate $3 billion in debt reduction.

Calpine will pay Pepco Holdings $1.65 billion for a fleet of mid-Atlantic power plants as Calpine beefs up its operations and Pepco looks to pay down debt.

Two weeks after rumors of impending bankruptcy gutted Calpine Corp. stock, the energy company on Thursday reported widening losses in its first quarter but insisted that its long-range financial ...

Calpine, with $17.3 billion in debt outstanding, has been a prodigious issuer of bonds and other securities in a desperate bid to stave off bankruptcy.