Calpine Corp. considers a sale: report
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.