Calpine - A very attractive target for private-equity invest

STOCKTALK

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Gold/Mining/Energy
Calpine - A very attractive target for private-equity invest

An SI Board Since April 2007

Posts	SubjectMarks	Bans	Symbol
9	1	0	CPNLQ

Emcee: Jeff Bauman	Type: Moderated

Introduction Market Data Compact

Even in bankruptcy, Calpine continues to spark intense interest.

About 10 potential investors, including a veritable who's who of private-equity heavyweights, are in the running to take equity stakes in the restructuring power company, TheStreet.com has learned.

Calpine, which rang up some $23 billion in debt in acquiring the nation's largest fleet of natural gas-fired plants before faltering into Chapter 11 more than a year ago, has been soliciting bids in an effort to re-emerge by year-end.

Firms asked to submit offers include the Carlyle Group, Kohlberg Kravis Roberts, TPG Capital, the Blackstone Group and Hellman & Friedman. Equity Capital Partners, a private energy investment firm run by former Goldman Sachs (GS - Cramer's Take - Stockpickr - Rating) executives, also is part of the roster.

Calpine has risen from the ashes of $.24 to $3.27 as of this typing on 4/13/07.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
9	Well, CPNLQ is back to a buck, and it looks like the easy money has been made.	Jeffster	-	11/11/2007
8	Things on the move. Any ideas? What about the buy out comments? Could this be fu	okee-boy	-	6/21/2007
7	4 days later and the earlier buy at $4 was slaughtered. Today had a low of $2.6	Jeff Bauman	-	5/2/2007
6	Wow! Up another 6% to $4.0. Was just watching my live ticker tape and someone p	Jeff Bauman	-	4/24/2007
5	Wow, what a move today. Up 15% to to $3.75.	Jeff Bauman	-	4/23/2007
4	I'm not sure if this is a good link buy I have an account with Fidelity.com	Jeff Bauman	-	4/18/2007
3	Very good article by "The Street.com thestreet.com Just a small portion o	Jeff Bauman	-	4/18/2007
2	Jeff I don't think anyone wants to admit still having this stock. Where did	Judi Simpson	-	4/17/2007
1	At this moment with all the rumored interest I find this stock to be at least a	Jeff Bauman	-	4/15/2007

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