Last €16.08 EUR
Change Today -0.18 / -1.11%
Volume 0.0
CJ3A On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:03 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

calpine corp (CJ3A) Snapshot

Open
€16.16
Previous Close
€16.26
Day High
€16.50
Day Low
€16.08
52 Week High
06/17/14 - €17.67
52 Week Low
01/30/14 - €13.33
Market Cap
6.8B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
423.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CALPINE CORP (CJ3A)

calpine corp (CJ3A) Related Businessweek News

No Related Businessweek News Found

calpine corp (CJ3A) Details

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells wholesale power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities, power marketers, and others. As of February 27, 2014, it had 94 power plants in operation or under construction that represents approximately 29,000 megawatts of generation capacity. Calpine Corporation was founded in 1984 and is based in Houston, Texas.

2,157 Employees
Last Reported Date: 02/13/14
Founded in 1984

calpine corp (CJ3A) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $694.5K
Executive Chairman
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $588.8K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $808.0K
Chief Accounting Officer and Senior Vice Pres...
Total Annual Compensation: $401.2K
Compensation as of Fiscal Year 2013.

calpine corp (CJ3A) Key Developments

Calpine Corporation Announces Pricing of $1,250,000,000 in Aggregate Principal Amount of Its 5.375% Senior Unsecured Notes Due 2023 and $1,550,000,000 in Aggregate Principal Amount of Its 5.750% Senior Unsecured Notes Due 2025

On July 8, 2014, Calpine Corporation priced $1,250,000,000 in aggregate principal amount of its 5.375% Senior Unsecured Notes due 2023 and $1,550,000,000 in aggregate principal amount of its 5.750% Senior Unsecured Notes due 2025 pursuant to the company's shelf registration statement filed with the Securities and Exchange Commission. The offering is expected to close on July 22, 2014. The company intends to use the net proceeds from this offering, together with cash on hand (if necessary), to (i) repurchase or redeem some or all of the company's 8% Senior Secured Notes due 2019, (ii) purchase pursuant to a tender offer and consent solicitation, and/or redeem, the outstanding principal amount of the company's 7.875% Senior Secured Notes due 2020 and 7.50% Senior Secured Notes due 2021 and (iii) pay premiums, fees and expenses relating to the purchase and redemption of existing secured notes. Any net proceeds from the offering of unsecured notes not used for the purposes described above will be used for general corporate purposes.

Calpine Corporation Announces Inaugural Senior Unsecured Notes Offering

Calpine Corporation announced that it intends to offer $2,800,000,000 in aggregate principal amount of Senior Unsecured Notes due 2023 and 2025 pursuant to the company's shelf registration statement filed with the Securities and Exchange Commission. Calpine Corporation intends to use the net proceeds from this offering, together with cash on hand (if necessary), to repurchase or redeem some or all of the company's 8% Senior Secured Notes due 2019, purchase pursuant to a tender offer and consent solicitation, and/or redeem, the outstanding principal amount of the Company's 7.875% Senior Secured Notes due 2020 and 7.50% Senior Secured Notes due 2021 and pay premiums, fees and expenses relating to the purchase and redemption of existing secured notes described above. Any net proceeds from the offering of unsecured notes not used for the purposes described above will be used for general corporate purposes.

Calpine Corporation Announces Cash Tender Offers and Consent Solicitations for its 7.875% Senior Secured Notes due 2020 and 7.50% Senior Secured Notes due 2021

Calpine Corporation announced that it has commenced cash tender offers to purchase any and all of its outstanding 7.875% Senior Secured Notes due 2020 (CUSIP Nos.: U13055 AK1 and 131347 BS4) and 7.50% Senior Secured Notes due 2021 (CUSIP Nos.: U13055 AM7 and 131347 BW5) and solicitation of consents from holders of each series of Notes to effect certain proposed amendments to the relevant indenture governing such series of Notes. These amendments would eliminate substantially all of the restrictive covenants, certain events of default and related provisions contained in the applicable Indenture, release the liens on the collateral securing the applicable Notes and amend the satisfaction and discharge provisions of such Indenture. The Total Consideration for the 2020 Notes has been calculated using a weighted average that assumes that (i) $770.0 million of the 2020 Notes would be repurchased at a price equal to the sum of the present values on the applicable Early Settlement Date of $1,039.37 (the amount payable with respect to each $1,000 principal amount of 2020 Notes on July 31, 2015, the first redemption date under the "call schedule" of the applicable Indenture) and the interest that would accrue with respect to each $1,000 principal amount of 2020 Notes from the most recent interest payment date for the 2020 Notes to, but not including, the 2020 Redemption Date, minus the accrued interest with respect to each $1,000 principal amount of 2020 Notes from the most recent interest payment date for the 2020 Notes to, but not including, the applicable Early Settlement Date; and $110.0 million of the 2020 Notes (10% of the original aggregate principal amount) would be repurchased at a price equal to the sum of the present values on the applicable Early Settlement Date of $1,030.00 (the amount payable with respect to each $1,000 principal amount of 2020 Notes on December 3, 2014) and the interest that would accrue with respect to each $1,000 principal amount of 2020 Notes from the most recent interest payment date for the 2020 Notes pursuant to the "10%" redemption provision of the applicable Indenture to, but not including, the 2020 Special Redemption Date, minus the accrued interest with respect to each $1,000 principal amount of 2020 Notes from the most recent interest payment date for the 2020 Notes to, but not including, the applicable Early Settlement Date. The present values for the 2020 Notes were determined based on a yield to the 2020 Special Redemption Date or the 2020 Redemption Date, as applicable, equal to the reference U.S. Treasury rate to such redemption date plus 50 basis points. The Total Consideration for the 2021 Notes has been calculated using a weighted average that assumes that $1,400.0 million of the 2021 Notes would be repurchased at a price equal to the sum of the present values on the applicable Early Settlement Date of $1,037.50 (the amount payable with respect to each $1,000 principal amount of 2021 Notes on November 1, 2015, the first redemption date under the "call schedule" of the applicable Indenture) and the interest that would accrue with respect to each $1,000 principal amount of 2021 Notes from the most recent interest payment date for the 2021 Notes to, but not including, the 2021 Redemption Date, minus the accrued interest with respect to each $1,000 principal amount of 2021 Notes from the most recent interest payment date for the 2021 Notes to, but not including, the applicable Early Settlement Date; and $200.0 million of the 2021 Notes (10% of the original aggregate principal amount) would be repurchased at a price equal to the sum of the present values on the applicable Early Settlement Date of $1,030.00 (the amount payable with respect to each $1,000 principal amount of 2021 Notes on December 3, 2014) and the interest that would accrue with respect to each $1,000 principal amount of 2021 Notes from the most recent interest payment date for the 2021 Notes pursuant to the "10%" redemption provision of the applicable Indenture to, but not including, the 2021 Special Redemption Date, minus the accrued interest with respect to each $1,000 principal amount of 2021 Notes from the most recent interest payment date for the 2021 Notes to, but not including, the applicable Early Settlement Date. The present values for the 2021 Notes were determined based on a yield to the 2021 Special Redemption Date or the 2021 Redemption Date, as applicable, equal to the reference U.S. Treasury rate to such redemption date plus 50 basis points.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CJ3A:GR €16.08 EUR -0.18

CJ3A Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ameren Corp $40.21 USD +0.09
CenterPoint Energy Inc $25.12 USD -0.01
CMS Energy Corp $30.46 USD +0.05
NiSource Inc $39.45 USD +0.23
Wisconsin Energy Corp $45.36 USD +0.04
View Industry Companies
 

Industry Analysis

CJ3A

Industry Average

Valuation CJ3A Industry Range
Price/Earnings 79.4x
Price/Sales 1.3x
Price/Book 2.8x
Price/Cash Flow 12.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CALPINE CORP, please visit www.calpine.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.