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Calpine Corp.

Company Summary

Description

Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Our fleet of 80 power plants in operation or under construction represents approximately 26,000 megawatts of generation capacity. Through wholesale power operations and our retail businesses Calpine Energy Solutions and Champion Energy, we serve customers in 25 states, Canada and Mexico. Our clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. We are uniquely positioned to benefit from the secular trends affecting our industry, including the abundant and affordable supply of clean natural gas, environmental regulation, aging power generation infrastructure and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid

Website

http://www.calpine.com/

Financial Data:

NYSE:CPN from Google Finance

Tickers:

  • CPN - New York Stock Exchange

Related Entities

Recent news

  • 7/19/2023 - Calpine Launches Carbon... (subscriber access)
  • 4/14/2023 - Calpine Corp Plans to... (subscriber access)
  • 3/10/2023 - Development of Carbon... (subscriber access)
  • 9/20/2021 - Exxon's Large Scale Push... (subscriber access)
  • 12/3/2020 - Calpine Prices $900MM... (subscriber access)

Investor Presentations

  • Second Quarter 2017 Investor Update Conference Call
  • 1Q17 Investor Presentation (subscriber access)
  • March 2017 Investor Meetings (subscriber access)
  • Full Year 2016 Earnings Call (subscriber access)
  • Sept. 2016 - Barclays CEO Energy-Power Conference (subscriber access)

Company Transactions

Date: 11/25/2020
Type: Acquisition

BUYERS:
  • Entergy Corporation
    • SELLERS:
  • Calpine Corp.
  • Washington Parish Energy Center One, LLC
    • ASSETS:
  • Washington Parish Energy Center
    • PROJECTS:
  • Washington Parish Energy Center One, LLC
    • DETAILS:

    VOLUMES: 360 MW

    NOTES:
    Entergy Louisiana has acquired the 361-MW Washington Parish Energy Center from Calpine Corporation. They signed a purchase and sale deal in 2017 with Calpine and the total plant cost was $261 million. The facility serves as a peaking facility in Louisiana.
    REGIONS:
  • Gulf Coast

    • Date: 6/30/2019
    Type: Acquisition

    BUYERS:
  • Starwood Energy Group
    • SELLERS:
  • Calpine Corp.
    • ASSETS:
  • RockGen Energy Center
  • Calpine Garrison Energy Center
    • DETAILS:

    VOLUMES: 828 MW

    REGIONS:
  • Midwest
  • Northeast

    • Date: 3/8/2018
    Type: Acquisition

    BUYERS:
  • Energy Capital Partners
  • Access Industries
  • Canada Pension Plan Investment Board
    • SELLERS:
  • Calpine Corp.
    • DETAILS:

    COST: 5.6 $B

    NOTES:
    Calpine announced that it has entered into an agreement to be acquired by an Energy Capital Partners and a consortium of investors for $15.25/share in cash, equating to a total purchase price of $5.6 billion. The consortium is led by Access Industries and Canada Pension Plan Investment Board, among others.
    REGIONS:
  • United States

    • Date: 2/28/2018
    Type: Merger

    BUYERS:
  • Energy Capital Partners
    • SELLERS:
  • Calpine Corp.
    • DETAILS:

    COST: 5.6 $B

    Date: 1/3/2017
    Type: Acquisition

    BUYERS:
  • Duke Energy Florida, Inc.
    • SELLERS:
  • Calpine Corp.
  • Osprey Energy Center
    • ASSETS:
  • Osprey Energy Center Power Plant
    • DETAILS:

    COST: 166 $MM

    VOLUMES: 590 MW

    REGIONS:
  • Southeast

    • Date: 12/1/2016
    Type: Acquisition

    BUYERS:
  • Calpine Corp.
    • SELLERS:
  • Noble Americas Energy Solutions, LLC
    • DETAILS:

    COST: 800 $MM