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Stock Market & Financial Investment News

News Breaks
February 27, 2014
08:04 EDTCPNCalpine completes purchase of Guadalupe Power Plant for $625M
Calpine Corporation has completed the acquisition of a natural gas-fired, combined-cycle power plant located in Guadalupe County, 30 miles northeast of San Antonio, Texas, in ERCOT’s south zone. Calpine purchased the plant, which has a nameplate generating capacity of 1,050 megawatts, from MinnTex Power Holdings, LLC for $625M plus adjustments, or approximately $595 per kilowatt.
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May 12, 2015
18:01 EDTCPNCalpine appoints W.G. "Trey" Griggs as Chief Commercial Officer
Calpine has named W.G. “Trey” Griggs III its Executive Vice President and Chief Commercial Officer effective June 1. Previously Griggs was a Managing Director at Goldman Sachs & Co. At Calpine, Griggs will have responsibility for the trading, origination, development and commercial analytics groups and will report to Calpine’s CEO. For the past four years, Griggs led Goldman Sachs’ North American Energy Risk Management activities and the Houston Trading Office.

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