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Calpine Eyes Company Sale as Low Natural Gas Prices Stall Projects, Pummel Profits

SUGAR LAND--July 31, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Low natural gas prices aren't just having a detrimental effect on the coal-fired power industry; merchant power companies across the U.S., which sell electricity in a competitive, wholesale power market, have struggled to maintain healthy bottom lines. Executives at one of the most prominent, Calpine Corporation (NYSE:CPN) (Houston, Texas), acknowledged in an earnings-related conference call for second-quarter 2017 that the company is exploring options for a sale. Industrial Info is tracking $3.43 billion in active projects involving Calpine. Within this article: Details on some of Calpine's highest-valued projects, including natural gas-fired, combined-cycle (NGCC) and renewable facilities. Other companies featured: General Electric (NYSE:GE), Chicago Bridge & Iron Company (NYSE:CBI)

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