Major Houston power co. confirms sales talks, reports larger net loss

Houston-based Calpine Corp. (NYSE: CPN) confirmed July 28 that it’s in talks regarding a potential sale.

In May, reports surfaced that Calpine was trying to sell itself, and Bloomberg reported this week that the company was in advanced talks with private equity firm Energy Capital Partners.

However, Calpine did not provide specific details in the July 28 announcement, which was made in its second-quarter earnings report. The company said it does not have a definitive timetable for completing…

Major Houston power co. confirms sales talks, reports larger net loss syndicated post

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