Feb. 15 — Calpine struggled with lackluster earnings, slumping stock prices and the changing economics of electricity markets. So in came a group of investors led by the New Jersey private equity firm Energy Capital Partners. They acquired the company in March in a deal valued at nearly $17 billion, including the assumption of Calpine’s debt.
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Home / News Roundup / Houston Chronicle: For Calpine, going private means no more pesky stock analysts
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