Calpine Corp (CPN) 12.48 $CPN
Southern Company (SO) Unit to Buy Natural Gas Power Plant
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 7:22AM CDT
Electric utility holding firm Southern Company's (SO) subsidiary, Southern Power, announced that it has entered into an agreement to acquire a natural gas-fired power plant in Minnesota from Calpine Corp. (CPN) for $395.5 million, plus working capital.
KMI: 21.92 (+0.31), CPN: 12.48 (+0.35), SO: 51.80 (+0.62)
Calpine Announces Sale of Mankato Power Plant for $395 Million
BusinessWire - Thu Sep 01, 8:00AM CDT
Calpine Corporation (NYSE:CPN) today announced that it has agreed to sell the Mankato Power Plant, a 375 MW natural gas-fired, combined-cycle power plant located in Minnesota, to Southern Company subsidiary Southern Power for $395.5 million plus working capital and other customary purchase price adjustments.
CPN: 12.48 (+0.35), SO: 51.80 (+0.62)
Southern Company subsidiary to acquire natural gas-fired power facility in Minnesota
PR Newswire - Thu Sep 01, 8:00AM CDT
Southern Company subsidiary Southern Power today announced its agreement to acquire the Mankato Energy Center from Calpine Corporation, subject to customary closing conditions. Located in Mankato, Minnesota, the center will include two natural gas units - the existing 375-megawatt (MW) Mankato Energy Center I and the 345-MW Mankato Energy Center II expansion, which is under development. When complete, the Mankato Energy Center will represent 720 MW of generating capacity.
CPN: 12.48 (+0.35), SO: 51.80 (+0.62)
After Yesterday's Rally of 2.86% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Aug 23, 4:10PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $12.26 to a high of $12.67. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $12.66 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CPN: 12.48 (+0.35)
Calpine Rises 2.86% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Aug 23, 4:08PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $12.26 to a high of $12.67. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $12.66 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CPN: 12.48 (+0.35)
Champion Energy Receives Highest Score in Study History
BusinessWire - Tue Aug 16, 9:00AM CDT
Champion Energy Services, a subsidiary of Calpine Corporation (NYSE:CPN), has once again ranked highest in customer satisfaction among Texas residential retail electricity providers (REPs), according to the J.D. Power 2016 Electric Provider Retail Customer Satisfaction Study(SM) released last week. This is the sixth time Champion Energy has received the top ranking in the past seven years.
CPN: 12.48 (+0.35)
Champion Energy Services to Supply 100% Renewable Energy Certificates for the 2016 US Open Tennis Tournament
BusinessWire - Mon Aug 01, 10:15AM CDT
Champion Energy Services, a subsidiary of Calpine Corporation (NYSE: CPN), the electricity supplier to the USTA Billie Jean King National Tennis Center, announced today it will be donating Green-e Energy certified renewable energy certificates (RECs) to match the electricity used during the 2016 US Open, the highest-attended annual sporting event in the world.
CPN: 12.48 (+0.35)
SmarTrend Watching for Potential Rebound in Shares of Calpine After 4.71% Loss
Comtex SmarTrend(R) - Fri Jul 29, 1:54PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $13.32 to a high of $14.38. Yesterday, the shares fell 4.7%, which took the trading range below the 3-day low of $13.96 on volume of 6.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CPN: 12.48 (+0.35)
Calpine Falls 4.71% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jul 29, 1:52PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $13.32 to a high of $14.38. Yesterday, the shares fell 4.7%, which took the trading range below the 3-day low of $13.96 on volume of 6.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CPN: 12.48 (+0.35)
Calpine Reports Second Quarter Results, Narrows 2016 Guidance
BusinessWire - Fri Jul 29, 5:00AM CDT
Calpine Corporation (NYSE: CPN):
CPN: 12.48 (+0.35)
Pre-Market Scans on Electric Utilities Stocks -- Calpine, Xcel Energy, Duke Energy, and American Electric Power
PR Newswire - Wed Jun 15, 7:30AM CDT
On Tuesday, June 14, 2016, the NASDAQ Composite ended the trading session at 4,843.55, down 0.10%; the Dow Jones Industrial Average edged 0.33% lower to finish at 17,674.82; and the S&P 500 closed at 2,075.32, down 0.18%. Stock-Callers.com has initiated coverage on the following equities: Calpine Corporation (NYSE: CPN), Xcel Energy Inc. (NYSE: XEL), Duke Energy Corporation (NYSE: DUK), and American Electric Power Company Inc. (NYSE: AEP). Learn more about these stocks by accessing their free trade alerts at:
AEP: 65.24 (+0.83), XEL: 41.71 (+0.44), CPN: 12.48 (+0.35), DUK: 80.24 (+0.91)
Calpine Falls 1.12% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jun 14, 3:39PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $13.93 to a high of $14.37. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $14.13 on volume of 3.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CPN: 12.48 (+0.35)
Fitch Rates Calpine's New First-Lien Term Loan and Sr Secured Notes 'BB+'
BusinessWire - Tue Jun 07, 1:37PM CDT
Fitch Ratings has assigned a 'BB+' rating to Calpine Corp.'s $562 million first-lien term loan facility maturing May 31, 2023 and $625 million 5.25% senior secured notes due June 1, 2026. The term loan amortizes at 1% per year and is priced at L+300 basis points. The new term loan and the 2026 senior secured notes are secured equally and ratably by a first-priority lien on substantially all of Calpine's and certain of its guarantors existing and future assets. The new financings are pari passu with Calpine's existing first-lien debt including the revolving credit facility. Fitch has assigned a Recovery Rating (RR) of 'RR1' (implying 91% - 100% recovery) to the new financings. The Rating Outlook is Stable.
CPN: 12.48 (+0.35)
Calpine to Participate at the RBC Capital Markets' Global Energy and Power Executive Conference
BusinessWire - Fri Jun 03, 3:15PM CDT
Trey Griggs, Chief Commercial Officer, and Zamir Rauf, Chief Financial Officer, of Calpine Corporation (NYSE:CPN), will meet with institutional investors at the RBC Capital Markets' Global Energy and Power Executive Conference June 6, 2016, in New York City.
CPN: 12.48 (+0.35)
Calpine Corporation Announces Closings of Senior Secured Notes Offering and Term Loan Facility
BusinessWire - Tue May 31, 3:15PM CDT
Calpine Corporation (NYSE: CPN) today announced the closing of $1,187,000,000 of financings, including its previously disclosed private placement of $625,000,000 in aggregate principal amount of 5.250% Senior Secured Notes due 2026 and its $562,000,000 first lien term loan facility maturing in May 2023. The principal amount of the new term loan facility was increased from $500,000,000.
CPN: 12.48 (+0.35)
Calpine Corporation Announces Upsizing and Pricing of Senior Secured Notes Offering
BusinessWire - Tue May 24, 5:32PM CDT
Calpine Corporation (NYSE:CPN) today announced the pricing of $625,000,000 in aggregate principal amount of its 5.250% Senior Secured Notes due 2026 in a private placement. The aggregate principle amount of the notes offered was increased from $500,000,000. The offering is expected to close on May 31, 2016.
CPN: 12.48 (+0.35)
Calpine Corporation Announces Senior Secured Notes Offering
BusinessWire - Tue May 24, 10:08AM CDT
Calpine Corporation (NYSE:CPN) today announced that it intends to offer $500,000,000 in aggregate principal amount of Senior Secured Notes due 2026 in a private placement. The notes will be guaranteed by each of Calpine Corporation's current and future subsidiaries that is a guarantor under Calpine Corporation's first lien credit facilities. The notes and related guarantees will be secured equally and ratably with the indebtedness incurred under Calpine Corporation's first lien credit facilities and other indebtedness that is permitted to be secured by such assets, by a first-priority lien on substantially all of Calpine Corporation's and certain of the guarantors' existing and future assets, subject to certain exceptions and permitted liens.
CPN: 12.48 (+0.35)
Cheniere Energy names Jack Fusco as CEO
AP - Thu May 12, 9:20AM CDT
NEW YORK (AP) — Cheniere Energy has named Jack Fusco as CEO after the natural gas company's previous CEO was forced out under pressure from activist investor Carl Icahn.
CPN: 12.48 (+0.35)
Frank Cassidy Elected Chairman of Calpine Corporation Board of Directors
BusinessWire - Thu May 12, 7:15AM CDT
Calpine Corporation (NYSE:CPN) announced today that following its Annual Meeting of Shareholders yesterday, the Board of Directors elected Frank Cassidy as Chairman of the Board.
CPN: 12.48 (+0.35), PEG: 42.98 (+0.39)
Cheniere Energy, Inc. Announces Appointment of Jack A. Fusco as President and Chief Executive Officer
PR Newswire - Thu May 12, 7:00AM CDT
Cheniere Energy, Inc. ("Cheniere"
(NYSE MKT: LNG) announced today that its Board of Directors has appointed Jack A. Fusco as President and Chief Executive Officer, effective immediately. Mr. Fusco succeeds Neal A. Shear, who has served as Cheniere's interim President and Chief Executive Officer since December 2015. Mr. Fusco joins Cheniere from Calpine Corporation, where he most recently served as Executive Chairman of the Board of Directors.
CPN: 12.48 (+0.35), LNG: 43.65 (+0.98)
Southern Company (SO) Unit to Buy Natural Gas Power Plant
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 7:22AM CDT
Electric utility holding firm Southern Company's (SO) subsidiary, Southern Power, announced that it has entered into an agreement to acquire a natural gas-fired power plant in Minnesota from Calpine Corp. (CPN) for $395.5 million, plus working capital.
KMI: 21.92 (+0.31), CPN: 12.48 (+0.35), SO: 51.80 (+0.62)
Calpine Announces Sale of Mankato Power Plant for $395 Million
BusinessWire - Thu Sep 01, 8:00AM CDT
Calpine Corporation (NYSE:CPN) today announced that it has agreed to sell the Mankato Power Plant, a 375 MW natural gas-fired, combined-cycle power plant located in Minnesota, to Southern Company subsidiary Southern Power for $395.5 million plus working capital and other customary purchase price adjustments.
CPN: 12.48 (+0.35), SO: 51.80 (+0.62)
Southern Company subsidiary to acquire natural gas-fired power facility in Minnesota
PR Newswire - Thu Sep 01, 8:00AM CDT
Southern Company subsidiary Southern Power today announced its agreement to acquire the Mankato Energy Center from Calpine Corporation, subject to customary closing conditions. Located in Mankato, Minnesota, the center will include two natural gas units - the existing 375-megawatt (MW) Mankato Energy Center I and the 345-MW Mankato Energy Center II expansion, which is under development. When complete, the Mankato Energy Center will represent 720 MW of generating capacity.
CPN: 12.48 (+0.35), SO: 51.80 (+0.62)
After Yesterday's Rally of 2.86% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Aug 23, 4:10PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $12.26 to a high of $12.67. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $12.66 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CPN: 12.48 (+0.35)
Calpine Rises 2.86% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Aug 23, 4:08PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $12.26 to a high of $12.67. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $12.66 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CPN: 12.48 (+0.35)
Champion Energy Receives Highest Score in Study History
BusinessWire - Tue Aug 16, 9:00AM CDT
Champion Energy Services, a subsidiary of Calpine Corporation (NYSE:CPN), has once again ranked highest in customer satisfaction among Texas residential retail electricity providers (REPs), according to the J.D. Power 2016 Electric Provider Retail Customer Satisfaction Study(SM) released last week. This is the sixth time Champion Energy has received the top ranking in the past seven years.
CPN: 12.48 (+0.35)
Champion Energy Services to Supply 100% Renewable Energy Certificates for the 2016 US Open Tennis Tournament
BusinessWire - Mon Aug 01, 10:15AM CDT
Champion Energy Services, a subsidiary of Calpine Corporation (NYSE: CPN), the electricity supplier to the USTA Billie Jean King National Tennis Center, announced today it will be donating Green-e Energy certified renewable energy certificates (RECs) to match the electricity used during the 2016 US Open, the highest-attended annual sporting event in the world.
CPN: 12.48 (+0.35)
SmarTrend Watching for Potential Rebound in Shares of Calpine After 4.71% Loss
Comtex SmarTrend(R) - Fri Jul 29, 1:54PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $13.32 to a high of $14.38. Yesterday, the shares fell 4.7%, which took the trading range below the 3-day low of $13.96 on volume of 6.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CPN: 12.48 (+0.35)
Calpine Falls 4.71% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jul 29, 1:52PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $13.32 to a high of $14.38. Yesterday, the shares fell 4.7%, which took the trading range below the 3-day low of $13.96 on volume of 6.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CPN: 12.48 (+0.35)
Calpine Reports Second Quarter Results, Narrows 2016 Guidance
BusinessWire - Fri Jul 29, 5:00AM CDT
Calpine Corporation (NYSE: CPN):
CPN: 12.48 (+0.35)
Pre-Market Scans on Electric Utilities Stocks -- Calpine, Xcel Energy, Duke Energy, and American Electric Power
PR Newswire - Wed Jun 15, 7:30AM CDT
On Tuesday, June 14, 2016, the NASDAQ Composite ended the trading session at 4,843.55, down 0.10%; the Dow Jones Industrial Average edged 0.33% lower to finish at 17,674.82; and the S&P 500 closed at 2,075.32, down 0.18%. Stock-Callers.com has initiated coverage on the following equities: Calpine Corporation (NYSE: CPN), Xcel Energy Inc. (NYSE: XEL), Duke Energy Corporation (NYSE: DUK), and American Electric Power Company Inc. (NYSE: AEP). Learn more about these stocks by accessing their free trade alerts at:
AEP: 65.24 (+0.83), XEL: 41.71 (+0.44), CPN: 12.48 (+0.35), DUK: 80.24 (+0.91)
Calpine Falls 1.12% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jun 14, 3:39PM CDT
Calpine (NYSE:CPN) traded in a range yesterday that spanned from a low of $13.93 to a high of $14.37. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $14.13 on volume of 3.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CPN: 12.48 (+0.35)
Fitch Rates Calpine's New First-Lien Term Loan and Sr Secured Notes 'BB+'
BusinessWire - Tue Jun 07, 1:37PM CDT
Fitch Ratings has assigned a 'BB+' rating to Calpine Corp.'s $562 million first-lien term loan facility maturing May 31, 2023 and $625 million 5.25% senior secured notes due June 1, 2026. The term loan amortizes at 1% per year and is priced at L+300 basis points. The new term loan and the 2026 senior secured notes are secured equally and ratably by a first-priority lien on substantially all of Calpine's and certain of its guarantors existing and future assets. The new financings are pari passu with Calpine's existing first-lien debt including the revolving credit facility. Fitch has assigned a Recovery Rating (RR) of 'RR1' (implying 91% - 100% recovery) to the new financings. The Rating Outlook is Stable.
CPN: 12.48 (+0.35)
Calpine to Participate at the RBC Capital Markets' Global Energy and Power Executive Conference
BusinessWire - Fri Jun 03, 3:15PM CDT
Trey Griggs, Chief Commercial Officer, and Zamir Rauf, Chief Financial Officer, of Calpine Corporation (NYSE:CPN), will meet with institutional investors at the RBC Capital Markets' Global Energy and Power Executive Conference June 6, 2016, in New York City.
CPN: 12.48 (+0.35)
Calpine Corporation Announces Closings of Senior Secured Notes Offering and Term Loan Facility
BusinessWire - Tue May 31, 3:15PM CDT
Calpine Corporation (NYSE: CPN) today announced the closing of $1,187,000,000 of financings, including its previously disclosed private placement of $625,000,000 in aggregate principal amount of 5.250% Senior Secured Notes due 2026 and its $562,000,000 first lien term loan facility maturing in May 2023. The principal amount of the new term loan facility was increased from $500,000,000.
CPN: 12.48 (+0.35)
Calpine Corporation Announces Upsizing and Pricing of Senior Secured Notes Offering
BusinessWire - Tue May 24, 5:32PM CDT
Calpine Corporation (NYSE:CPN) today announced the pricing of $625,000,000 in aggregate principal amount of its 5.250% Senior Secured Notes due 2026 in a private placement. The aggregate principle amount of the notes offered was increased from $500,000,000. The offering is expected to close on May 31, 2016.
CPN: 12.48 (+0.35)
Calpine Corporation Announces Senior Secured Notes Offering
BusinessWire - Tue May 24, 10:08AM CDT
Calpine Corporation (NYSE:CPN) today announced that it intends to offer $500,000,000 in aggregate principal amount of Senior Secured Notes due 2026 in a private placement. The notes will be guaranteed by each of Calpine Corporation's current and future subsidiaries that is a guarantor under Calpine Corporation's first lien credit facilities. The notes and related guarantees will be secured equally and ratably with the indebtedness incurred under Calpine Corporation's first lien credit facilities and other indebtedness that is permitted to be secured by such assets, by a first-priority lien on substantially all of Calpine Corporation's and certain of the guarantors' existing and future assets, subject to certain exceptions and permitted liens.
CPN: 12.48 (+0.35)
Cheniere Energy names Jack Fusco as CEO
AP - Thu May 12, 9:20AM CDT
NEW YORK (AP) — Cheniere Energy has named Jack Fusco as CEO after the natural gas company's previous CEO was forced out under pressure from activist investor Carl Icahn.
CPN: 12.48 (+0.35)
Frank Cassidy Elected Chairman of Calpine Corporation Board of Directors
BusinessWire - Thu May 12, 7:15AM CDT
Calpine Corporation (NYSE:CPN) announced today that following its Annual Meeting of Shareholders yesterday, the Board of Directors elected Frank Cassidy as Chairman of the Board.
CPN: 12.48 (+0.35), PEG: 42.98 (+0.39)
Cheniere Energy, Inc. Announces Appointment of Jack A. Fusco as President and Chief Executive Officer
PR Newswire - Thu May 12, 7:00AM CDT
Cheniere Energy, Inc. ("Cheniere"
(NYSE MKT: LNG) announced today that its Board of Directors has appointed Jack A. Fusco as President and Chief Executive Officer, effective immediately. Mr. Fusco succeeds Neal A. Shear, who has served as Cheniere's interim President and Chief Executive Officer since December 2015. Mr. Fusco joins Cheniere from Calpine Corporation, where he most recently served as Executive Chairman of the Board of Directors. CPN: 12.48 (+0.35), LNG: 43.65 (+0.98)
