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.


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