Power companies reach $16.4 billion deal as AI drives energy use up

Power companies reach $16.4 billion deal as AI drives energy use up

Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for $16.4 billion, a deal that shows how fast-rising demand for power, partly a result of the data centers being built for artificial intelligence, is having far-reaching effects on the economy.

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Published by: hawaiitribune_herald

Read full article here: https://www.hawaiitribune-herald.com/2025/01/11/nation-world-news/power-companies-reach-16-4-billion-deal-as-ai-drives-energy-use-up/

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