Strictly a buy and sell holding. Calpine Corporation engages in the generation and sale of electricity and related products and services to wholesale and industrial customers in North America. It offers electricity generated from natural gas-fired combustion and renewable geothermal facilities. The company also operates power plants, geothermal steam fields, wells and well pumps, and gas pipelines. It sells its thermal energy produced by the gas-fired power cogeneration facilities primarily to industrial users. The company markets electricity produced from its generating facilities to util...
Strictly a buy and sell holding. Calpine Corporation engages in the generation and sale of electricity and related products and services to wholesale and industrial customers in North America. It offers electricity generated from natural gas-fired combustion and renewable geothermal facilities. The company also operates power plants, geothermal steam fields, wells and well pumps, and gas pipelines. It sells its thermal energy produced by the gas-fired power cogeneration facilities primarily to industrial users. The company markets electricity produced from its generating facilities to util...
NRG’s current market capitalization is about $10B and its proposal values CPN at approximately $11B.
NRG and CPN have roughly the same power generating capacity but CPN is superior to NRG in terms of its asset portfolio. The average age of CPN’s plants is under 10 years while NRG plants are over 35 years old. CPN uses clean NG and even cleaner geothermal for its power while NRG relies on a mix of sources including nearly 40% from coal. In the face of greater scrutiny in regards to emissions control, coal power generation could face costlier emission controls that NRG would have to alloca
A quick analysis of Calpine Corps fundamentals reveals that, although the company is highly leveraged, they outpace the industry in EPS, P/E, Net profit margin, and most other key metrics. In addition, they garner nearly three times more revenue per employee than do their competitors in the energy sector. With news of a merger being circulated and their solid fundamentals, Calpine Corp should be poised for a period of dynamic growth.
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"Geothermal energy, or heat from the earth, is largely non-polluting, and is renewable and reliable," says Ashley Winters and John Parke.
In Stephen Leeb's The Complete Investor, they look at a trio of plays on geothermal energy: Chevron (NYSE: CVX), Calpine (NYSE: CPN), and Ormat Technologies (NYSE: ORA).
"Throughout the globe, heat is continually produced in a layer far below the earth's crust. Large power plants can capture and use this steam to provide electricity on a fairly large scale.
"Throughout the globe, heat is continually produced in a layer far below the earth’s crust. Large power plants can capture and use this steam to provide electricity on a fairly large scale.
"In Iceland, by some estimates, 50% of all energy needs are me
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CPN
About Calpine Corp.
- Answers.com
'Geothermal energy, or heat generated from the earth, is largely non-polluting, and is renewable and reliable," says 
