Constellation Energy Corporation (NASDAQ:CEG) is approved by the New York State Public Service Commission to acquire Calpine Corporation, making it one of the best electrical infrastructure stocks to invest in. The deal is expected to be finalized in Q4 2025 pending approvals from the Department of Justice and the Federal Energy Regulatory Commission.
The acquisition will create a coast-to-coast power platform by combining Calpine’s low-emission natural gas and geothermal assets with CEG’s fleet of nuclear reactors. This move aims to improve grid sustainability and meet increasing power demands, especially from artificial intelligence.
CEG, the largest maker of emissions-free energy in the US, serves residential, commercial, and public sector customers, including 75% of Fortune 100 businesses. The merger aligns with the company’s objectives of operational excellence and national energy leadership.
Investors interested in AI stocks with potential upside should explore other options besides CEG. A free report on the best short-term AI stock is available for those seeking undervalued opportunities benefiting from current trends.
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Read more at Yahoo Finance: NYPSC Approves Constellation Energy’s Acquisition of Calpine Corporation