How Is CEG Using Acquisitions to Accelerate Clean Energy Growth?
Some other utility companies that are also focused on expanding operations through acquisitions have been discussed below:NRG Energy NRG will acquire a portfolio of natural gas generation facilities and a commercial and industrial virtual power plant platform from LS Power. The acquisition will double NRG's generation capacity to 25 GW, adding modern, flexible natural gas assets. Vistra Corp. VST has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling nearly 2,600 MW of capacity, from Lotus Infrastructure Partners. The deal is expected to be closed in late 2025 or early 2026.
The Zacks Consensus Estimate for Constellation Energy's 2025 and 2026 EPS indicates an increase of 9% and 22%, respectively.
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CEG is trading at a premium relative to the industry, with a forward 12-month price-to-earnings of 30.08X compared with the industry average of 20.72X.
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In the past six months, CEG's shares have risen 29.8% compared with the industry's 13.2% growth.
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CEG currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
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NRG Energy, Inc. (NRG) : Free Stock Analysis Report
Constellation Energy Corporation (CEG) : Free Stock Analysis Report
Vistra Corp. (VST) : Free Stock Analysis Report
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