Constellation Energy to buy stake in Texas nuclear plant in $1.75 bln deal

Constellation Energy to buy stake in Texas power plant in $1.75 bln deal

June 1 (Reuters) – Utility firm Constellation Energy Corp (CEG.O) said on Thursday that it would acquire NRG Energy Inc’s (NRG.N) stake in a nuclear plant in Texas in a deal valued at $1.75 billion. After the transaction, Constellation will be one of three owners of the 2,645-megawatt (MW) Texas Project Electric Generating Station.

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