Baltimore-based energy company Constellation’s plans to acquire a Houston, Texas-based natural gas producer in a $26.6 billion deal will boost the nation’s biggest energy firm right as

CEG announces the acquisition of Calpine. This should help CEG provide a broader array of clean energy and sustainability solutions.

Texas' surging growth in power demand was a big driver in the $26.6 billion deal to acquire Houston's largest private company.

In interesting timing, Friday's announcement came on the silver anniversary of the disastrous AOL/Time Warner merger.

Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine, people familiar with the matter said on Wednesday, a move that would significantly expand Constellation's generation assets at a time of rising U.

Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies. Including the assumption of debt,

Baltimore-based Constellation, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp.