Constellation Energy (NASDAQ:CEG) said Thursday it received approval from the Federal Energy Regulatory Commission for its ...

As part of the deal, Constellation Energy agreed to sell four power plants in the PJM Interconnection to reduce its ability ...

Utility company Constellation Energy said on Thursday it has received a regulatory approval from the Federal Energy ...

Constellation has plans to acquire Calpine in a cash and stock transaction valued at an equity purchase price of ...

Constellation (Nasdaq: CEG) today announced it has received regulatory approval from the Federal Energy Regulatory Commission (FERC) for its previously announced acquisition of Calpine Corporation.

But Calpine, which runs power plants in the United States and abroad, also offered investors glimmers of hope Thursday. Revenue grew by 8.9 percent, from $2.03 billion to $2.21 billion.

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.

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, 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., which is under bankruptcy protection, said it had reached a preliminary agreement to resolve more than $282 million in claims against it from a group that holds $2.45 billion of its ...