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Leading U.S. natural gas and geothermal power company

Last updated August 27, 2026

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First read
Nov 4, 2026
Latest read
Nov 4, 2026

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Overview

Calpine is an American power company focused on natural gas and geothermal power generation, owning and operating multiple power plants primarily serving the U.S. market.

Products and positioning

Large independent power producer

Recent events

  • Reported

    Entergy Louisiana completes purchase of Washington Parish Energy Center[1]

    Entergy Louisiana completed the purchase of the approximately 361-megawatt Washington Parish Energy Center.

  • Reported

    Fengate completes acquisition of Freeport Energy Center[2]

    Fengate Asset Management announced that it had achieved financial close on its acquisition of the Freeport Energy Center from Calpine Corporation.

  • Unconfirmed

    Reported

    Geysers Power Company closes $1.1 billion climate financing[3]

    Calpine announced the closing of $1.1 billion in Climate Bonds Certified financing for its wholly owned subsidiary, Geysers Power Company. The financing consists of a $900 million senior secured term loan and a $200 million letter of credit facility.

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