Justice Department Requires Divestitures to Proceed with Constellation’s Proposed $26.6 Billion Acquisition of Calpine

The Justice Department’s Antitrust Division, together with the Attorney General of Texas, announced that it will require divestiture of six power plants in Delaware, Pennsylvania, and Texas to resolve antitrust concerns arising from Constellation Energy Corporation, Inc.’s $26.6 billion acquisition of Calpine Corporation.