Calpine Corp - Company Profile
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Calpine Corp (Calpine) is an electric utility. It owns and operates power plants, and sells power, steam, renewable energy credits, and ancillary services. The company generates electricity using natural gas, geothermal and renewable sources and through co-generation, and combined-cycle technologies. Calpine operates in the Texas Reliability Entity, Western Electricity Coordinating Council, Reliability First Corporation, Florida Reliability Coordinating Council, Southeastern Electric Reliability Council, Northeast Power Coordinating Council, and Midwest Reliability Organization entities. It serves independent electric system operators, utilities, industrial, and agricultural companies, municipalities and other governmental entities, retail power providers, power marketers, and retail commercial, industrial, governmental and residential customers across the US, Canada and Mexico. Calpine is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
Suite 1000, 717 Texas Avenue, Houston, 77002
Website
www.calpine.com
Telephone
1 713 8302000
No of Employees
2,300
Industry
Power
Calpine Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Ancillary services |
| Electricity | |
| Renewable Energy Credits |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In February, the company announced the initial development for New Facility at Freestone Energy Center |
| 2022 | Contracts/Agreements | In June, the company entered into an agreement to sell its minority stake to Pantheon, Phoenix Insurance and ECP. |
| 2021 | Commercial Operation | In July, the company and GE Renewable Energy completed Santa Ana Storage Project in Southern California. |
Competitor Comparison
| Key Parameters | Calpine Corp | NRG Energy Inc | DTE Energy Co | CenterPoint Energy Inc | CMS Energy Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Houston | Detroit | Houston | Jackson |
| State/Province | Texas | Texas | Michigan | Texas | Michigan |
| No. of Employees | 2,300 | 18,131 | 9,950 | 8,827 | 8,356 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thad Hill | Chief Executive Officer; Director | Executive Board | 2014 | - |
| W. Thaddeus Miller | Executive Vice Chairman; Chief Legal Officer; Secretary | Executive Board | 2018 | - |
| Zamir Rauf | Executive Vice President; Chief Financial Officer | Senior Management | 2008 | - |
| Andrew Novotny | President; Chief Operating Officer | Senior Management | 2023 | - |
| Jeff Koshkin | Chief Accounting Officer; Chief Risk Officer; Senior Vice President | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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