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Calpine Corp. considers a sale: report

May 10, 2017

Houston-based Calpine Corp. is searching for buyers for its multi-billion dollar company, the Wall Street Journal reported on Wednesday.

 

The company, which has the nation’s largest fleet of gas power plants, is talking to investment bankers about a possible sale, according the unnamed sources in the Wall Street Journal article.

 

Calpine reported a loss of $56 million for the first quarter of 2017, an improvement over last year’s first quarter loss of $198 million.

 

 

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