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Calpine Corp (CPN.N)

CPN.N on New York Stock Exchange

11.66USD
9 Dec 2016
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$0.38 (+3.37%)
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Latest Key Developments (Source: Significant Developments)

Calpine to acquire Noble Americas Energy Solutions
Sunday, 9 Oct 2016 07:10pm EDT 

Calpine Corp : Calpine to acquire Noble Americas Energy Solutions, significantly enhancing retail energy platform . agreement to purchase Noble Americas Energy Solutions for purchase price of $800 million plus $100 million of net working capital at closing . Says transaction is highly cash flow and credit accretive . Says expects to fund acquisition with a combination of cash on hand and temporary bridge loan financing of up to $550 million .Says intends to repay bridge facility during 2017 with proceeds from announced asset sales as well as cash from operations.  Full Article

Calpine announces sale of Mankato Power Plant for $395 mln
Thursday, 1 Sep 2016 09:00am EDT 

Calpine Corp : Calpine announces sale of Mankato Power Plant for $395 million . Calpine announces sale of Mankato Power Plant for $395 million . To sell Mankato Power Plant to Southern Company subsidiary, Southern Power .Expects to redeploy proceeds of sale toward corporate debt reduction and other corporate purposes.  Full Article

Calpine reports quarterly loss per share of $0.08
Friday, 29 Jul 2016 06:00am EDT 

Calpine Corp : Reports second quarter results, narrows 2016 guidance . Q2 loss per share $0.08 . Quarterly operating revenues $ 1,164 million versus $1,442 million . Sees FY adjusted free cash flow $710 million to $810 million . Q2 revenue view $1.29 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S .Sees 2016 adjusted EBITDA $1,800 million - 1,900 million.  Full Article

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 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 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 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

BRIEF-Calpine Q3 earnings per share $0.83

* Qtrly operating revenues $2.36 billion versus $1.95 billion