« Whatever Happened to Rollable Displays
» Corn Ethanol Economics

Business, Energy

Calpine Emerges

02.06.08 | Comment?

Earlier this week, Calpine emerged from bankruptcy protection after a prolonged struggle that saw multiple delays. The issue is now trading on the NYSE under symbol CPN-WI. The new issue will have 423 million shares outstanding meaning the market capitalization of the company at today’s values is nearly $7B. We’ve been a bit skeptical that Calpine could emerge, but have been proved wrong as they are now back in business and moving forward.

Let’s hope that the generator can stay in business and invests in the geothermal portion of its portfolio, after all, there are no ongoing fuel costs!

related

have your say

Add your comment below, or trackback from your own site. Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

:

:




« Whatever Happened to Rollable Displays
» Corn Ethanol Economics