Calpine says it sold or turned over nine plants or businesses and cut its head count by 1,096 workers. The company, which now has 2,200 employees, estimates that its remaining businesses, which ...

Beleaguered Calpine Corp., a once-highflying power producer that has been selling assets to reduce debt, has confirmed new troubles: The company said Thursday that it was unable to withdraw $400 ...

Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt. The total value of the deal will be about $26.6 billion.

Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of $16.4bn. This is composed of 50 million shares of Constellation stock and $4.5bn in cash ...

SAN FRANCISCO (MarketWatch) -- Calpine Corp. cpnlq said Thursday it has received approval from a U.S. bankruptcy court on a number of motions, including interim authorization to continue to ...

Struggling power generator Calpine Corp. filed for Chapter 11 bankruptcy protection late Tuesday as it grapples with more than $22 billion in debt. The filing in U.S. Bankruptcy Court in New York ...

Constellation is in talks to buy Calpine in a transaction that would value the power company at close to $30 billion, including debt, the people said. The deal is expected to be finalized next ...

Baltimore-based Constellation Energy, the nation’s largest operator of nuclear power plants, is acquiring Calpine Corp. in a cash and stock transaction valued at $16.4 billion, the company ...

Calpine, the troubled energy giant whose $17 billion in debt is widely held across Wall Street, lost a courtroom skirmish yesterday in its quest to stay out of bankruptcy. New York State Supreme ...

Calpine Corp. more than tripled its losses in the first quarter as the bankrupt San Jose energy company struggled to repay billions in debt by shedding power plants and workers. In a filing with ...

NEW YORK (MarketWatch) -- Calpine Corp. CPN, -1.45% said Friday that third-quarter earnings fell to $136 million, or 28 cents a share, compared to $3.79 billion, or $7.92 a share, in the same ...

Calpine Corp. will pay Pepco Holdings Inc. $1.65 billion for a fleet of power plants as Calpine expands into the Mid-Atlantic region, while Pepco exits the market-rate power business. The deal for ...