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Calpine (R) Corporation, founded in 1984 and based in San Jose, California, is a clean energy power company. The firm can deliver 24,000 megawatts of electricity to communities across 18 states. The company owns and leases low-carbon, natural gas-fired and geothermal power plants. The firm uses naturally heated steam generated at The Geysers, northeast of San Francisco, California, to produce electricity. The renewable, geothermal power is offered to customers across California. The Calpine Merchant Services Company, based in Houston, Texas, manages the firm's power production assets. Calpine's power operations group manages 82 power plants, 19 of which are geothermal plants. Calpine provides manufacturers and other organizations with customized wholesale energy services. The company also provides clients with renewable energy certificates. The firm maintains additional offices in California, Illinois, and Washington, D.C. Calpine is listed on the OTC market under the CPNLQ symbol.
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