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NEW YORK (CBS.MW) -- Calpine led power generators higher at Monday's close as the company took another step toward shoring up its balance sheet. Calpine CPN, -1.36% said it had renegotiated a 10 ...
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Constellation Energy Agrees to Buy Calpine for $16.4 BillionConstellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies.
On the renewables side, the climate investing arm of asset firm TPG made a $2.2 billion purchase of Altus Power, the largest ...
The company’s debt jumped eightfold on borrowing to pay for the new generators. A glut of U.S. electricity capacity and soaring costs to fuel Calpine’s natural-gas-fired generators made the ...
Last year was a record-setting one for Calpine Corp., the nation’s largest generator of natural gas-fired electricity and Houston’s biggest private company, ranked by revenue. Power prices ...
Houston power company Calpine had a strong year, heading back to profitability after suffering deep loses in 2017. Calpine, the nation’s biggest generator of electricity from natural gas and a ...
During Calpine's early growth period, Walter sought small generators that lack the capital to continue building plants. To date, Calpine's aggressive plant acquisition strategy helped the company ...
The deal for Pepco's Conectiv Energy includes 18 plants and one that is under construction, making Calpine the nation's largest independent generator by output. It furthers Calpine's bet on ...
The company's loss per share more than tripled from 38 cents to $1.23. Calpine, an independent power generator founded in 1984, went public in 1996 at $16. The deregulation plan passed by ...
Calpine's Freestone Energy Center ... designed to incentivize new generation. Under the PCM, generators would be awarded performance credits based on how much capacity they make available during ...
Constellation Energy CEG2.50%increase; green up pointing triangle agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their ...
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