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2008-07-15 03:00:34

Advanced Power Projects, Inc. Tom Mason, 510-651-7500 (President) Advanced Power Projects, Inc. ("POWER"), announces the appointment of Charles B. (Chuck) Clark, Jr. as Chief Financial Officer. Chuck brings over 25 years of accounting and finance experience in the power industry, and has supported the raising of over $20 billion in public and private capital market transactions to advance clean power generation in the U.S. Prior to joining POWER, Chuck served as Senior Vice President...

2008-07-14 18:00:35

Calpine Corporation (NYSE:CPN) today announced the promotion of Andre Walker to Vice President, Finance and Investor Relations, where he formerly served as director. In this role, Mr. Walker's responsibilities will include managing investor relations, while continuing his current corporate finance responsibilities. "Andre's significant industry and company knowledge, along with his diverse experience, uniquely qualify him for this position. His addition to the investor relations team will...

2008-07-07 21:00:22

HOUSTON, July 7, 2008 (PRIME NEWSWIRE) -- Rosetta Resources Inc. ("Rosetta") (Nasdaq:ROSE), an independent oil-and-gas company, announced today that in accordance with local court rules, it has filed a letter with the Bankruptcy Court in New York setting forth the legal deficiencies in Calpine Corporation's claims and requesting the required conference with the Court prior to filing a motion for summary judgment in Rosetta's favor as to all claims by Calpine Corporation. Although Rosetta...

2008-04-11 15:00:39

MADISON, Wis., April 11 /PRNewswire-FirstCall/ -- Wisconsin Power and Light Company (WPL), a subsidiary of Alliant Energy Corporation , has received approval from the Public Service Commission of Wisconsin to purchase the Neenah Generating Facility, an existing 300 megawatt, simple cycle, natural gas-fired electric generating facility located in the Town of Neenah, Wisconsin. This purchase is intended to replace the output currently obtained under a purchased power agreement (PPA) with...

2007-07-01 12:18:55

By Christopher Hinz, Reading Eagle, Pa. Jul. 1--It's Berks County's newest power plant and, at 580 megawatts, the county's largest in terms of electrical generating capacity. "To put that into perspective, that's about 500,000 homes that we can power," said Joseph C. Lloyd, plant manager of Ontelaunee Energy Center, which went online in 2002. Located at 5115 Pottsville Pike, or Route 61, in Ontelaunee Township, the plant is fueled by natural gas from a nearby pipeline. Coal-fired...

2007-05-04 12:00:30

SAN JOSE, Calif., May 4 /PRNewswire-FirstCall/ -- Calpine Corporation (OTC Pink Sheets: CPNLQ) announced today that its subsidiary, Otay Mesa Energy Center LLC ("OMEC"), obtained a $377 million credit facility to finance the construction of its 596-megawatt Otay Mesa Energy Center near San Diego, Calif. The project finance facility for this indirect, stand-alone subsidiary is comprised of a construction loan that will convert to a term loan at commercial operations, expected in May 2009....

2005-12-21 02:01:43

By Leonard Anderson and Michael Erman SAN FRANCISCO/NEW YORK (Reuters) - Embattled power producer Calpine Corp. filed for bankruptcy late on Tuesday, weighed down by $17 billion in debt and court battles with creditors over how to use its cash. Calpine, squeezed by a credit crunch and a weak merchant power market that resulted from the collapse of Enron and the California energy crisis in 2000-2001, said it filed petitions to restructure under Chapter 11 of the U.S. Bankruptcy Code...

2005-12-17 11:19:12

NEW YORK (Reuters) - The Delaware Supreme Court has upheld a lower-court ruling that embattled power producer Calpine Corp. misspent $312 million in asset-sale proceeds to buy fuel for its power plants. In a 10-page opinion issued late on Friday, Justice Jack Jacobs also upheld the Court of Chancery's ruling that Calpine had until January 22, 2006, to repay the funds to a designated bank account, plus interest. On Thursday, the court heard arguments from Calpine, one of the biggest...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.