Calpine says it sold or turned over nine plants or businesses and cut its head count by 1,096 workers. The company, which now has 2,200 employees, estimates that its remaining businesses, which ...

Calpine, the troubled energy giant whose $17 billion in debt is widely held across Wall Street, lost a courtroom skirmish yesterday in its quest to stay out of bankruptcy. New York State Supreme ...

Calpine Corp. put its bankruptcy reorganization plan on hold Friday to weigh alternative plans presented to the independent power producer. In a Securities and Exchange Commission filing, Calpine ...

Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of $16.4bn. This is composed of 50 million shares of Constellation stock and $4.5bn in cash ...

We just returned from the U.S. Trustee's Calpine bankruptcy confab at New York's Grand Hyatt hotel and were sorely disappointed. The California utility, which filed for bankruptcy at the end of ...