Deer Park Energy Center

PE buys up utilities to power AI boom

Five of the largest-ever PE-backed acquisitions of power utilities were announced in the last three years, according to PitchBook data.

Constellation to Sell 4.4 GW of PJM Gas Power Assets to LS Power for $5B in Regulatory Divestiture

Competitive generation giant Constellation Energy has agreed to sell approximately 4.4 GW of natural gas–fired generation capacity in PJM Interconnection to LS Power Equity Advisors for $5 billion, marking the largest single tranche of divestitures required to resolve antitrust and market-power c...

Constellation to sell 4.4GW of PJM assets to LS Power for $5B as part of Calpine acquisition

Constellation Energy Corporation will sell a portfolio of generation assets in PJM to LS Power for $5 billion, fulfilling DOJ requirements from its Calpine acquisition.

Energy companies are racing to cash in on the artificial intelligence boom. Here's how.

With the advent of artificial intelligence, many more data center facilities are expected to be built in Texas in the coming years.