Edition:
United Kingdom

Calpine Corp (CPN.N)

CPN.N on New York Stock Exchange

15.15USD
3:28pm GMT
Change (% chg)

$0.01 (+0.10%)
Prev Close
$15.13
Open
$15.13
Day's High
$15.15
Day's Low
$15.11
Volume
106,871
Avg. Vol
1,141,354
52-wk High
$15.16
52-wk Low
$9.30

Latest Key Developments (Source: Significant Developments)

Calpine Corp Stockholders Approve Acquisition By Investor Consortium Led By Energy Capital Partners
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Calpine Corp ::CALPINE CORPORATION STOCKHOLDERS APPROVE ACQUISITION BY INVESTOR CONSORTIUM LED BY ENERGY CAPITAL PARTNERS.CALPINE - ACQUISITION EXPECTED TO BE COMPLETED DURING Q1 2018.  Full Article

Calpine Corp Announces Upsizing And Pricing Of Senior Secured Notes Offering
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - Calpine Corp ::ORATION ANNOUNCES UPSIZING AND PRICING OF SENIOR SECURED NOTES OFFERING.‍ANNOUNCED PRICING OF $560 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS 5.250% SENIOR SECURED NOTES DUE 2026 IN A PRIVATE PLACEMENT​.CALPINE - ‍NOTES WILL BE ISSUED AS ADDITIONAL NOTES UNDER INDENTURE GOVERNING CALPINE CORP'S 5.250% SENIOR SECURED NOTES DUE 2026 ISSUED ON MAY 31, 2016​.  Full Article

Calpine Corp Announces Senior Secured Notes Offering
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Calpine Corp ::CALPINE CORPORATION ANNOUNCES SENIOR SECURED NOTES OFFERING.CALPINE CORP - ‍INTENDS TO OFFER $550 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS 5.250% SENIOR SECURED NOTES DUE 2026 IN A PRIVATE PLACEMENT​.CALPINE CORP - ‍NOTES WILL BE ISSUED AS ADDITIONAL NOTES UNDER INDENTURE GOVERNING CALPINE CORP'S 5.250% SENIOR SECURED NOTES DUE 2026.  Full Article

Greenlight Capital dissolves stake in Alcoa, raises in Hewlett Packard Enterprise
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - :Greenlight Capital Inc dissolves share stake in Alcoa Corp - SEC filing.Greenlight Capital Inc dissolves share stake in Calpine Corp.Greenlight Capital Inc raises share stake in Hewlett Packard Enterprise Co by 75.4 percent to 7.8 million shares.Greenlight Capital Inc takes share stake of 3.96 million shares in Stars Group Inc.Greenlight Capital Inc takes share stake of 262,500 shares in Gap Inc.Greenlight Capital Inc cuts share stake in Dillard's Inc by 40.4 percent to 1.5 million Class A shares.Greenlight Capital Inc raises share stake in Tempur Sealy International Inc to 4 million shares from 400,00 shares.Greenlight Capital Inc raises share stake in Adient Plc to 1.73 million shares from 439,161 shares.Greenlight Capital Inc takes share stake of 8.4 million shares in Exela Technologies Inc.Greenlight Capital Inc raises share stake in DSW Inc by 35.1 percent to 3.05 million Class A shares.Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Calpine reports Q3 earnings per share $0.63
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Calpine Corp :Calpine reports third quarter 2017 results.Q3 earnings per share $0.63.Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.Calpine Corp - Qtrly operating revenues $2,586 million versus $2,355 mln‍​.  Full Article

Calpine Corp agrees to amend its revolving credit facility
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Calpine Corp :Calpine Corp says on Oct 20, 2017, co agreed to amend its revolving credit facility to extend maturity of certain revolving commitments - SEC filing.Calpine Corp -amendment ‍to extend maturity of certain revolving commitments to August 17, 2023​.Calpine-Amendment to reduce capacity under revolving credit facility to $1.3 billion class c revolving commitments, $170 million Class B revolving commitments​.  Full Article

Calpine reports Q4 earnings per share $0.07
Friday, 10 Feb 2017 

Calpine Corp - : Calpine reports fourth quarter and full year 2016 results, reaffirms 2017 guidance . Q4 earnings per share $0.07 . Q4 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $0.58, revenue view $5.41 billion -- Thomson Reuters I/B/E/S . Quarterly operating revenue $1.58 billion versus $1.44 billion . Q4 revenue view $1.36 billion -- Thomson Reuters I/B/E/S . 2017 guidance of $1.8 - $1.95 billion of adjusted ebitda and $710 - $860 million of adjusted free cash flow . "In terms of debt reduction, we have begun to execute on and are today updating delevering plan we laid out on our Q3 earnings call" ."Our updated plan calls for $2.7 billion of committed or planned debt paydown by 2019".  Full Article

Calpine Q3 earnings per share $0.83
Friday, 28 Oct 2016 

Calpine Corp : Qtrly operating revenues $2.36 billion versus $1.95 billion . Sees adjusted free cash flow for FY 2017 $710 million - $860 million . Calpine reports third quarter results, narrows 2016 guidance and provides 2017 guidance; more than 65% of market cap available for deployment over next three years . Q3 earnings per share $0.83 . Q3 earnings per share view $0.79 -- Thomson Reuters I/B/E/S . Narrowing 2016 adjusted EBITDA guidance range to $1.8 billion to $1.85 billion . Calpine corp sees 2017 adjusted EBITDA guidance of $1.8 billion to $1.95 billion .Sees 2016 adjusted free cash flow $710 million - $760 million.  Full Article

Calpine to acquire Noble Americas Energy Solutions
Monday, 10 Oct 2016 

Calpine Corp : Calpine to acquire Noble Americas Energy Solutions, significantly enhancing retail energy platform . agreement to purchase Noble Americas Energy Solutions for purchase price of $800 million plus $100 million of net working capital at closing . Says transaction is highly cash flow and credit accretive . Says expects to fund acquisition with a combination of cash on hand and temporary bridge loan financing of up to $550 million .Says intends to repay bridge facility during 2017 with proceeds from announced asset sales as well as cash from operations.  Full Article

Calpine announces sale of Mankato Power Plant for $395 mln
Thursday, 1 Sep 2016 

Calpine Corp : Calpine announces sale of Mankato Power Plant for $395 million . Calpine announces sale of Mankato Power Plant for $395 million . To sell Mankato Power Plant to Southern Company subsidiary, Southern Power .Expects to redeploy proceeds of sale toward corporate debt reduction and other corporate purposes.  Full Article

BRIEF-Calpine Corp Announces Closings Of Senior Secured Notes Offering And Term Loan Facility

* CALPINE CORPORATION ANNOUNCES CLOSINGS OF SENIOR SECURED NOTES OFFERING AND TERM LOAN FACILITY Source text for Eikon: Further company coverage: