Calpine: AI deals, investors and valuation
🇺🇸 United States · Valuation $26.6B · private
As of Nov 9, 2026, Calpine has 1 AI deals of $1B+ in this database: it pays $0M and receives $16.4B (net +$16.4B). It ranks #118 of 198 companies by number of deals.
Pays / invests
$0MReceives
$16.4BNet
+$16.4BDeals
1Value over time
Valuation history
- January 2025$26.6B
- April 2025$26.6B
- July 2025$26.6B
- October 2025$26.6B
- January 2026$26.6B
- April 2026$26.6B
- July 2026$26.6B
- October 2026$26.6B
- November 2026$26.6B
Receives from
ConstellationPays to
—
Loops it is part of
No closed loop found for this company.
All Calpine deals
Jan 7, 2026Acquisitionclosed$16.4B
Constellation → Calpine · $16.4 billion of equity ($26.6 billion with debt)
Constellation closes the acquisition of Calpine (announced in January 2025) and becomes the largest US power producer, betting on data center contracts.
Questions and answers
Who are Calpine's biggest investors and payers?
Constellation ($16.4B).
How much has Calpine invested or spent on AI deals?
$0M across 0 deals, the largest with —.
How much is Calpine worth?
Valuation: $26.6B (Nov 9, 2026).
Is Calpine part of a circular deal?
No closed loop found for this company.