CALPINE CORPORATION (NYSE:CPN) Files An 8-K Entry into a Material Definitive AgreementItem 1.01—ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Item 1.01 — FINANCIAL STATEMENTS AND EXHIBITS
EXHIBIT INDEX
Item 1.01 — ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On September 15, 2017, Calpine Corporation (the “Company”) amended its revolving credit facility (the “Amendment”), in order to obtain a waiver of a change of control or other default or event of default that would otherwise arise under the revolving credit facility in connection with, and a consent to the transactions contemplated by, the Agreement and Plan of Merger (the “Merger Agreement”) entered into between the Company and Volt Parent, LP and Volt Merger Sub, Inc. on August 17, 2017. The waiver and consent are conditioned upon the closing of the transaction contemplated in the Merger Agreement. This description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed herewith as Exhibit 10.1.
Item 1.01—FINANCIAL STATEMENTS AND EXHIBITS
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Amendment No. 5 to the Credit Agreement, dated as of September 15, 2017, among Calpine Corporation, as borrower, the guarantors party thereto, The Bank of Tokyo-Mitsubishi UFJ Ltd, as administrative agent, MUFG Union Bank, N.A., as collateral agent, and the lenders party thereto. |
CALPINE CORP ExhibitEX-10.1 2 exhibit101-calpinerevolver.htm AMENDMENT NO. 5 TO CREDIT AGREEMENT,…To view the full exhibit click here
About CALPINE CORPORATION (NYSE:CPN)
Calpine Corporation is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. The Company’s segments include West (including geothermal), Texas and East (including Canada). In the Northeast and Mid-Atlantic regions, the Company has generating units capable of burning either natural gas or fuel oil. The Company operates its business through various divisions and subsidiaries. The Company’s portfolio consists of various types of power generation technologies, including natural gas-fired combustion turbines, which include combined-cycle plants and renewable geothermal conventional steam turbines. Its Geysers Assets located in northern California represent the geothermal power generation portfolio in the United States, as well as the producing power generation asset of all renewable energy in the state of California.
