Calpine Corporation, celebrating its 20th year in power in 2004, is a leading North American power company dedicated to providing electric power to wholesale and industrial customers from clean, efficient, natural gas-fired and geothermal power facilities. The company is listed on the S&P 500 and was named Fortune's 2004 America's Most Admired Energy Company. Calpine was founded in 1984 and is publicly traded on the New York Stock Exchange under the symbol CPN.
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LNG Project a 'No-Go'
Another California plan defeated....
The Calpine Corporation has withdrawn its plans to proceed with a liquefied natural gas terminal at Samoa Point, in Eureka, California, and is ceasing development activities.
"Based on feedback from the local community and public officials, we believe this decision is best for all parties," said Calpine Vice President Ken Koye.
"The Eureka City Council, the city staff and community leaders are to be commended for their time and effort in considering the project," continued Koye. "We appreciate those who worked with us to explore the potential for the project."
Calpine Corporation, celebrating its 20th year in power in 2004, is a leading North American power company dedicated to providing electric power to wholesale and industrial customers from clean, efficient, natural gas-fired and geothermal power facilities. The company is listed on the S&P 500 and was named Fortune's 2004 America's Most Admired Energy Company. Calpine was founded in 1984 and is publicly traded on the New York Stock Exchange under the symbol CPN.
Calpine Corporation, celebrating its 20th year in power in 2004, is a leading North American power company dedicated to providing electric power to wholesale and industrial customers from clean, efficient, natural gas-fired and geothermal power facilities. The company is listed on the S&P 500 and was named Fortune's 2004 America's Most Admired Energy Company. Calpine was founded in 1984 and is publicly traded on the New York Stock Exchange under the symbol CPN.
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