Constellation Energy receives nod from FERC for Calpine acquisition

Industry:    4 months ago

Utility company Constellation Energy said on Thursday it has received a regulatory approval from the Federal Energy Regulatory Commission (FERC) for its previously announced $16.4 billion acquisition of Calpine Corporation.

This approval represents a step forward in the transaction following earlier approvals by the New York Public Service Commission and the Public Utility Commission of Texas, the company said.

print
Source: