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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:14 EDTCPNCalpine to sell generation assets for $1.57B to LS Power
Calpine has signed an agreement to sell approximately 3,500 MW of generation resources in the Southeastern United States to U.S. power and energy infrastructure owner LS Power Equity Advisors for $1.57B in cash, subject to working capital and other adjustments. The portfolio consists of six combined-cycle generation facilities which use natural gas as the primary fuel source. The transaction is expected to close in Q2.
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September 3, 2014
07:41 EDTCPNCalpine CEO sees using more funds on acquisitions, buybacks, Bloomberg says
Calpine CEO Thad Hill said that the company will continue spending more of its money on acquisitions and share buybacks due to its ability to maintain a good profit with fuel at high or low costs, according to Bloomberg, citing comments from Hill. Reference Link

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