The Business Times

Energy Capital to buy Calpine Corp for US$5.6 billion

Published Fri, Aug 18, 2017 · 11:10 AM
Share this article.

[BENGALURU] Independent power producer Calpine Corp said it agreed to be acquired by a consortium of investors led by Energy Capital Partners for US$5.6 billion.

The US$15.25 cash per share offer, represents a 13 per cent premium to Calpine's closing price on Thursday.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here