Quantcast

Latest Calpine Stories

2008-10-17 12:00:22

Calpine Corporation (NYSE:CPN) and Mitsui & Co., Ltd. announce the completion of construction and commercial operation of the Greenfield Energy Centre (Greenfield), located in Courtright, St. Clair Township, near Sarnia, Ontario, Canada. Greenfield is a limited partnership between subsidiaries of Calpine and Mitsui, each of which hold a 50 percent interest in the project. "We congratulate the Greenfield project team for the successful completion of this important new energy resource,"...

2008-10-15 09:00:36

US-based power and natural gas retailer Constellation Energy has restarted construction at the 774MW Hillabee Power Plant in Alexander City in Alabama. Constellation Energy purchased the partially completed natural gas plant from Calpine in February 2008. Calpine had begun construction of Hillabee in 2001, but work has been halted since 2003. In September 2008, Constellation Energy received the final permit required to allow the company to resume construction. The Hillabee plant is now...

2008-10-14 12:00:28

Constellation Energy (NYSE:CEG) recently joined with key representatives from Alexander City, Tallapoosa County, and the state of Alabama in a ceremony recognizing the restart of construction at the 774-megawatt Hillabee Power Plant in Alexander City. Constellation Energy purchased the partially completed natural gas plant from Calpine Corporation in February 2008. Calpine had begun construction of Hillabee in 2001, but work has been halted since 2003. In September 2008, Constellation...

2008-10-13 06:00:38

SUGAR LAND, TX--(Marketwire - October 13, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Greenfield Energy Centre LLC (Sarnia, Ontario), a 50:50 joint venture between Calpine Canada Power Limited (Calgary, Alberta), a subsidiary of Calpine Corporation (NYSE:CPN) (San Jose, California), and Mitsui & Company Limited (NASDAQ:MITSY) (Tokyo, Japan), has completed construction and is scheduled to commence full commercial operation of a power plant in Ontario. Wood Group...

2008-10-02 00:00:20

Calpine Corporation (NYSE:CPN) announced today it is drawing approximately $725 million under its $1 billion Senior Secured Revolving Facility under its Exit Financing, which expires on March 29, 2014. "This draw is a proactive financial decision to preserve our liquidity by increasing our cash position during this period of uncertainty in the capital markets," said Zamir Rauf, interim executive vice president and chief financial officer. "This draw is not being made to satisfy any...

2008-10-01 09:00:41

BOSTON, MASSACHUSETTS--(Marketwire - Oct. 1, 2008) - Atlantic Power Corporation (TSX:ATP.UN) ("Atlantic Power" or the "Company") announced today that it has agreed to indirectly acquire Auburndale Power Partners, Limited Partnership ("Auburndale"), which owns and operates a 155 MW natural gas-fired combined cycle cogeneration facility located in Polk County, Florida. The purchase price will be approximately US$134.5 million and will be funded by cash on hand, a borrowing under the Company's...

2008-09-18 12:00:35

GE Energy Financial Services, a unit of GE, has applied the company's capital, expertise and technology to restart and successfully complete the first operating season of its 123MW Parlin Energy Center in northeastern New Jersey. GE began work on the power plant in June 2007 after buying the project for $12.1 million from Calpine Corporation. GE has said that since coming online in June 2008, Parlin has produced 36,333MW of power, and has experienced 100% availability. The power produced...

2008-09-10 21:00:23

The Northwest and Intermountain Power Producers Coalition (NIPPC) is pleased to announce that Jeff Morris of Mount Vernon, Washington, is this year's recipient of the "Vito Stagliano Excellence in Electricity Policy Award." NIPPC established the award in 2006 to recognize individuals who have helped advanced innovative public policy within the electricity sector. Jeff Morris is widely regarded for his tireless efforts in shaping Washington State energy policy and for promoting...

2008-09-08 15:00:59

Recognized for its innovative applications for reclaimed water, Calpine Corporation (NYSE:CPN) has been named the 2008 WateReuse Customer of the Year by the WateReuse Association. The award was presented today at the international non-profit association's 23rd Annual WateReuse Symposium in Dallas, Texas. Calpine received the award based on its unique public-private partnership with the city of Santa Rosa to construct the largest recycled water to renewable energy project in the world at...

2008-09-03 21:00:18

Calpine Corporation (NYSE:CPN) (the "Company") today announced that, in connection with the appointment of John B. (Thad) Hill as Executive Vice President and Chief Commercial Officer, the Company entered into a stock option agreement (the "Stock Option Agreement") with Mr. Hill, certain key provisions of which are summarized in this press release. Pursuant to the stock option agreement entered into in connection with his employment, Mr. Hill was granted a sign-on option (the "Option")...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
Related