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TLN News2 articles
Constellation Energy Plummets 11% on $5B Asset Sale, Power Sector Rout
Constellation Energy shares tumbled 10.9% following a major $5 billion divestiture to LS Power, part of its Calpine acquisition remedies. The selloff spread across the power sector as utilities led market declines.
Constellation Energy Gains on Major Texas Data Center Power Agreement
Constellation Energy shares rose 3.6% after its Calpine unit secured a 380-megawatt power deal for a new Texas data center, highlighting surging electricity demand from AI workloads.