Calpine Wants To Back New Power Plant

Law360, New York (August 14, 2007, 12:00 AM EDT) -- Bankrupt energy company Calpine Corp. has asked a bankruptcy judge to approve a pre-bankruptcy plan it made with affiliate Freeport Energy Center LP to be the guarantor on a project to construct a new power plant.

Calpine asked Judge Burton R. Lifland to sign off on the plan, which involves an agreement between Freeport Energy and Dow Chemical Co., in a motion filed on Friday with the U.S. Bankruptcy Court for the Southern District of New York. In order for the construction of the power plant...
To view the full article, register now.