Calpine Corporation · Houston, TX United States ·(NYSE: CPN)
Company Description
Phone: 713-830-2000
Fax: 713-830-2001
Rankings
- #272 in FORTUNE 500
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Calpine may get hot, but it also knows how to blow off some steam. The independent power producer and marketer controls more than 24,000 MW of generating capacity through interests in 60 natural gas-fired power plants throughout the US and 15 geothermal power plants in California. Calpine owns 725 MW of capacity at the largest geothermal facility in the US (the Geysers in northern California), where electricity is produced from natural steam. Calpine emerged from bankruptcy in 2008 (having filed for Chapter 11 protection in 2005). Its California and Texas operations account for the great majority of its business. To read the full description, subscribe now.
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Key Calpine Corporation Financials
| Company Type | Public - NYSE: CPN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $9,937.0 |
| 2008 Employees | 2,049 |
Calpine Corporation Executives
26 executives listed for Calpine Corporation's Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman | William Patterson | Network |
| President, CEO, and Director | Jack Fusco | Network |
| EVP and CFO | Zamir Rauf | Network |
Competition
Competitive Landscape for Calpine Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Calpine Corporation Competitors
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