News

SAN JOSE, Calif., July 1, 2002 — Calpine Corp. announced recently that it has completed a 48-megawatt expansion of its existing Bethpage Energy Center in Bethpage, N.Y. The new 48-megawatt unit ...
Constellation Energy's planned purchase of natural gas behemoth Calpine still needs federal and New York approval to proceed.
Power plant owner Calpine Corp. said Wednesday that fourth-quarter profit more than tripled, driven by higher electricity prices in California and sales from new U.S. plants. Calpine also said it ...
"We need to have sufficient power down the road." Calpine already operates a 40-megawatt plant in Bethpage that sells a portion of the power to Northrop Grumman and a portion to LIPA. It expanded ...
SAN FRANCISCO – Electricity wholesaler Calpine Corp. said Tuesday that it will jettison about 20 power plants and lay off another 775 workers, continuing to retreat from a rapid expansion that ...
But Calpine’s momentum couldn’t be slowed. In 2001, the company brought three new power plants into operation in California alone. It had 27 plants under construction nationwide, including ...
"Our plan calls for power plants to remain available for operation to provide reliable supplies of electricity," Calpine's top executive, Robert May, said in a statement Tuesday. May replaced ...
Calpine Corp., the largest U.S. issuer of junk bonds in 2004, said Wednesday it will sell as many as eight power stations and idle money-losing plants to accelerate $3 billion in debt reduction.
As the tally of canceled federal grants involving infrastructure projects in Sutter County mounts, there was some reaction today from local and federal elected officials to the latest blow: the ...
Calpine Corp. will pay Pepco Holdings Inc. $1.65 billion for a fleet of power plants as Calpine expands into the Mid-Atlantic region, while Pepco exits the market-rate power business. The deal for ...
NEW YORK – Calpine Corp. (CPN), struggling under a heavy debt load since the Enron crisis (search) of 2001, on Wednesday accelerated its $3 billion debt-reduction plan and signaled it may sell ...