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Constellation Energy to buy Calpine in $26.6 billion deal

Reuters
Summary
Nutrition label

83% Informative

Constellation Energy said it would buy privately held Calpine Corp in a cash-and-stock deal valued at $26.6 billion including debt.

The deal comes at a time when electricity demand is expected to rise to record highs this year .

The transaction could add $2 billion to Constellation 's free cash flow annually .

VR Score

92

Informative language

97

Neutral language

89

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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