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In this aerial view, the shuttered Three Mile Island nuclear power plant stands in the middle of the Susquehanna River near Middletown, Pennsylvania on Oct. 10, 2024. Chip Somodevilla/Getty Images
Constellation Energy, a nuclear energy company, has acquired the gas and geothermal Calpine Corporation in cash and stock for $16.4 billion.
At the expected closing date of what is being called one of the largest power industry acquisitions, Constellation said the net purchase price will be $26.6 billion on Friday.