On the Record · Calpine

Calpine acquisitions, on the record

The businesses Calpine bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
North American Power Word for word“North American Power North American Power & Gas, LLC, an indirect, wholly-owned subsidiary of Calpine, which was acquired on January 17, 2017 and is a retail energy supplier for homes and small businesses primarily concentrated in the Northeast U.S.” 10-K for 2017	acquisition	January 17, 2017	—
Osprey Energy Center Word for word“In line with our strategy to focus on competitive wholesale markets and sell or contract power plants located in power markets outside our strategic concentration, we completed the sale of the Osprey Energy Center and Mankato Power Plant in our East segment on January 3, 2017 and October 26, 2016, respectively, resulting in a gain on sale of assets, net of $27 million and $157 million during the years ended December 31, 2017 and 2016, respectively.” 10-K for 2017	divestiture	January 3, 2017	—
Volt Parent, LP and Volt Merger Sub, Inc. (Calpine merger) Word for word“At the effective time of the Merger, each share of Calpine common stock outstanding as of immediately prior to the effective time of the Merger (excluding certain shares as described in the Merger Agreement) will cease to be outstanding and be converted into the right to receive $15.25 per share in cash or approximately $5.6 billion in total.” 10-K for 2017	agreed acquisition	—	$15.25 per share in cash or approximately $5.6 billion in total
Granite Ridge Energy Center Word for word“During the year ended December 31, 2016, we purchased a natural gas-fired combined-cycle power plant located in Londonderry, New Hampshire for $526 million.” 10-K for 2017	acquisition	—	$526 million
Mankato Power Plant Word for word“During the year ended December 31, 2016, we received net proceeds after the pay-down of Steamboat project debt of approximately $164 million for the sale of Mankato Power Plant.” 10-K for 2017	divestiture	—	—
South Point Energy Center Word for word“In addition, we entered into an asset sale agreement on April 1, 2016 for the sale of substantially all of the assets comprising our South Point Energy Center to Nevada Power Company d/b/a NV Energy for approximately $76 million which resulted in an impairment loss of approximately $13 million that was recorded during the first quarter of 2016.” 10-K for 2017	agreed divestiture	April 1, 2016	approximately $76 million
Auburndale Peaking Energy Center Word for word“During the year ended December 31, 2018 we sold the Auburndale Peaking Energy Center for net proceeds of $11 million.” 10-K for 2018	divestiture	During the year ended December 31, 2018 we sold the Auburndale Peaking Energy Center for net proceeds of $11 million.	net proceeds of $11 million
North American Power & Gas, LLC Word for word“During the year ended December 31, 2017, we purchased the retail electric provider North American Power for a net purchase price paid of $111 million.” 10-K for 2018	acquisition	—	net purchase price paid of $111 million
Garrison and RockGen Energy Centers Word for word“• Divestitures — During the year ended December 31, 2019, we closed on the sale of the Garrison and RockGen Energy Centers for approximately $303 million.” 10-K for 2019	divestiture	during the year ended December 31, 2019	approximately $303 million
25% of Russell City Energy Company, LLC that was previously owned by a third party Word for word“Russell City Energy Company, LLC — On January 28, 2020, we completed the acquisition of the 25% of Russell City Energy Company, LLC that was previously owned by a third party for approximately $49 million .” 10-K for 2019	acquisition	On January 28, 2020	approximately $49 million

Deal filings since 2016

2020-08-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-08-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Calpine’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.