Unabashedly

Calpine Profits from CA Turmoil in Electricity Markets

San Jose, CA-based Calpine Corp. last week unabashedly touted its successes in the past 15 months of turmoil in California’s energy markets, noting it is a litmus test for the soundness of its corporate strategy nationally. Senior officials with the merchant power plant developer/operator also declared that the state in which it sees “tremendous opportunity” is no longer in a crisis mode.

September 3, 2001