Energy

Constellation to Buy Calpine in $16.4 Billion Deal in the Clean-Energy Sector

Constellation to Buy Calpine in $16.4 Billion Deal in the Clean-Energy Sector
The shuttered Three Mile Island nuclear power plant owned by Constellation Energy near Middletown, Penn., on Oct. 10, 2024. Chip Somodevilla/Getty Images
Panos Mourdoukoutas
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Business Column: Analysis
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”