News: Calpine Corp (CPN)

CPN on New York Consolidated

21.37USD
17 Apr 2014
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Fri, Apr 18 2014

CORRECTED-UPDATE 1-U.S. power producer Calpine to sell 6 plants for $1.57 bln

(Corrects fourth paragraph to say the divesture will reduce, not add to, EBITDA and adjusted free cash flow)

Calpine to sell 6 U.S. power plants for $1.57 billion

April 18 - Calpine Corp said it will sell six power plants in the U.S. Southeast to LS Power for $1.57 billion in cash to focus on the wholesale power markets and better align its asset base.

Calpine to buy Texas power plant but delay plan for new units

HOUSTON - Calpine Corp said Monday it will expand its fleet of power plants in Texas, but delay construction of two "quick-start" peaker plants until a debate over electric market reform is settled.

Calpine to buy Texas power plant but delay plan for new units

HOUSTON, Dec 2 - Calpine Corp said Monday it will expand its fleet of power plants in Texas, but delay construction of two "quick-start" peaker plants until a debate over electric market reform is settled.

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