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.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.