Constellation Energy Corp Receives Regulatory Approval for Calpine Acquisition

Constellation Energy Corp has received regulatory approval from the Federal Energy Regulatory Commission (FERC) for its acquisition of Calpine Corporation. This approval marks a significant step forward in the transaction.

The acquisition is subject to customary closing conditions, including the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The company’s shares have been gaining value in recent months, with a notable increase on Wednesday.

Recent Stock Performance

• Constellation Energy Corp’s shares have been on an upward trend in recent months
• The company’s shares have increased in value, with a notable gain on Wednesday
• The company is one of the best performing components of the Nasdaq 100 index

Analyst Outlook

• Analysts are bullish on the company, with some suggesting that it presents a strong investment opportunity
• The acquisition of Calpine Corporation is expected to have a positive impact on the company’s stock price