Calpine Corp (CPN.N) Key Developments | Reuters.com
Edition:
United States

Calpine Corp (CPN.N)

CPN.N on New York Stock Exchange

13.41USD
27 Jun 2016
Change (% chg)

-- (--)
Prev Close
$13.41
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
900,840
52-wk High
$18.73
52-wk Low
$11.53

Latest Key Developments (Source: Significant Developments)

Calpine Corporation announces senior secured notes offering
Tuesday, 24 May 2016 11:08am EDT 

Calpine Corp : Calpine Corporation announces senior secured notes offering .Intends to offer $500 million in aggregate principal amount of senior secured notes due 2026.  Full Article

Calpine Corp says Frank Cassidy elected chairman of board
Thursday, 12 May 2016 08:15am EDT 

Calpine Corp: Cassidy succeeds Jack Fusco . Fusco was elected, and will continue to serve, as a director of Calpine .Frank Cassidy elected chairman of Calpine Corporation board of directors.  Full Article

Calpine Corp reaffirms FY 2016 guidance
Friday, 29 Apr 2016 06:00am EDT 

Calpine Corp:Reaffirming 2016 Full Year Guidance.Sees FY 2016 Adjusted EBITDA $1,800 mln - $1,950 mln.Sees FY 2016 Adjusted Free Cash Flow $710 - 860.Sees FY 2016 Per Share Estimate (diluted) $2.00 - 2.40.  Full Article

Calpine Corp reaffirms FY 2016 EBITDA guidance
Friday, 12 Feb 2016 06:00am EST 

Calpine Corp:Reaffirms FY 2016 adjusted EBITDA guidance in the range of $1.800 - 1.950 billion.  Full Article

Calpine amended corporate revolving facility, increasing capacity by $178 million
Friday, 12 Feb 2016 06:00am EST 

Calpine Corp:Says amended corporate revolving facility, increasing capacity by an additional $178 million to $1.678 billion through June 27, 2018.  Full Article

Calpine Corp narrows FY 2015 EBITDA guidance; gives FY 2016 EBITDA guidance
Friday, 30 Oct 2015 06:00am EDT 

Calpine Corp:Expects FY 2015 adjusted EBITDA of $1.965 - $2.000 billion.Expects FY 2016 adjusted EBITDA of $1.800 - $1.950 billion.  Full Article

Calpine Corporation to Purchase Granite Ridge Energy Center in New Hampshire
Tuesday, 13 Oct 2015 08:00am EDT 

Calpine Corporation:To purchase granite ridge energy center in New Hampshire.Deal for $500 million.Deal for approximately $671 per kilowatt.Says Calpine expects to fund the transaction with a combination of debt and cash.Says financing plan for the transaction will ultimately be based upon prevailing market conditions.Says has already obtained committed debt financing sufficient to cover the purchase price.  Full Article

Calpine Closes on Acquisition of Champion Energy
Thursday, 1 Oct 2015 10:00am EDT 

Calpine Corporation (NYSE:CPN):closed the previously announced acquisition of retail electric provider Champion Energy Marketing, LLC.Calpine purchased business from a subsidiary of Crane Champion Holdco LLC, which owned a 75% interest, and from EDF Trading North America, which owned a 25% interest, for $240 million plus working capital adjustments.transaction was funded with cash on hand.  Full Article

Calpine Corp narrows FY 2015 guidance
Thursday, 30 Jul 2015 06:00am EDT 

Calpine Corp:Narrows FY 2015 guidance.Expects FY 2015 adjusted EBITDA in the range of $1.950 - 2.050 billion.Expects FY 2015 per share estimate (diluted) in the range of $2.20 - 2.50.  Full Article

Calpine closes $1.6 billion first lien term loan - Form 8-K
Thursday, 28 May 2015 05:31pm EDT 

Calpine Corporation:Closes $1.6 billion first lien term loan.Says the term loan, which amortizes at a rate of 1 pct per year, bears interest at libor plus 2.75 pct per annum and matures in 2022.  Full Article