News: Calpine Corp (CPN.N)

CPN.N on New York Stock Exchange

22.98USD
12 Sep 2014
Price Change (% chg)

$-0.46 (-1.96%)
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$23.44
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Tue, Sep 9 2014

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Donahue may bring tough love to Puerto Rico power agency

NEW YORK/WILMINGTON DELAWARE - Puerto Rico's indebted power authority better get used to some tough love from its new chief restructuring officer, Lisa Donahue, who has earned a reputation for decisiveness, hard work and a cold-blooded devotion to cutting costs.

COLUMN-For investors, coal brings lumps

(The author is a Reuters columnist and the opinions expressed are his own. For more from John Wasik see http://link.reuters.com/syk97s)

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.

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