|Bid||0.000 x 100000|
|Ask||0.000 x 100000|
|Day's Range||12.460 - 12.635|
|52 Week Range||8.645 - 13.600|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In August, Energy Capital Partners and a group of co-investors announced a $5.6 billion cash deal to buy merchant power generation company Calpine Corp., one of the few large private-equity deals in the ...
Calpine agreed to be acquired for $15.25 a share ($5.6 billion in total) in cash, a 51% premium to “un-affected” May 9 share price before media reports. Calpine announced it has entered into a definitive agreement to be acquired by [private-equity firm] Energy Capital Partners and a consortium of investors.
Energy Capital will be buying Calpine because cheap natural gas prices are impeding the independent power producer's ability to compete in open markets. The added benefit, though, will be Calpine’s newfound access to capital that will allow it to modernize its operations.
Calpine has 45 days to shop for a better deal. Deere Despite meeting expectations with $1.97 a share in July quarter earnings, the farm-equipment maker reported lackluster demand from U.S. farmers. Comps fell 10% at rival Hibbett Sports.
U.S. power producer Calpine Corp said it would sell itself to a group of investors led by Energy Capital Partners for $5.6 billion, as the debt-laden company struggles with depressed natural gas prices. Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices. In July, Calpine's larger rival NRG Energy had laid out plans to raise about $4 billion through asset sales and slash debt by $13 billion over the next six years.
Rating Action: Moody's revises Calpine's outlook to negative. Global Credit Research- 18 Aug 2017. New York, August 18, 2017-- Moody's Investors Service, today revised the rating outlook for Calpine Corporation ...
Among the companies with shares expected to trade actively in Friday's session are Deere & Co., Ross Stores, Calpine, Gap, Tenet Healthcare and Foot Locker.
Private-equity firm Energy Capital Partners and a group of co-investors has agreed to buy power-generation company Calpine for $5.6 billion.
Private-equity firm Energy Capital Partners is nearing a deal to buy power-generation company Calpine Corp., according to people familiar with the matter.
Private equity firm Energy Capital Partners has reached an agreement to buy U.S. power generator Calpine Corp. for $5.5 billion in cash, people familiar with the matter said.
The Houston-based company said it had a loss of 61 cents per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss ...
Energy Capital Partners LLC is in advanced talks to buy power producer Calpine Corp, Bloomberg reported, citing people familiar with the matter. Energy Capital may announce a deal to buy the Houston-based ...
NRG Energy Inc said it would raise as much as $4 billion through asset sales and slash debt by $13 billion, sending its shares surging 21 percent to a near two-year high on Wednesday. The largest independent U.S. power producer plans to significantly slash costs, as part of an agreement with activist investors Elliott Management and Bluescape Energy Partners to cut costs and reduce debt. The three-year program intends to achieve "efficiencies primarily in corporate and lower head costs" CEO Mauricio Gutierrez said in a conference call on Wednesday.