Calpine

Houston, United States Founded: 1984 • Age: 42 yrs Acquired By Constellation
Electricity is generated from natural gas and geothermal resources.
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About Calpine

Calpine is a company based in Houston (United States) founded in 1984 was acquired by Constellation in January 2025.. The company has 162 employees as of September 30, 2018. Calpine has completed 1 acquisition, including Noble Solutions. Calpine offers products and services including Electricity Generation and Retail Energy Services.

  • Headquarter Houston, United States
  • Employees 162 as on 30 Sep, 2018
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Calpine Corporation
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
    $10.07 B
    2
    as on Dec 31, 2019
  • Net Profit
    $790 M
    2721
    as on Dec 31, 2019
  • EBITDA
    $2.29 B
    52
    as on Dec 31, 2019
  • Latest Funding Round
    $58 M (USD), Post-IPO

    Jun 27, 2022

  • Investors
  • Employee Count
    162

    as on Sep 30, 2018

  • Investments & Acquisitions
  • Acquired by
    Constellation

    & 1 more

    (Jan 10, 2025)

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Products & Services of Calpine

Calpine offers a comprehensive portfolio of products and services, including Electricity Generation and Retail Energy Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Clean and reliable power is produced by Calpine using technologies such as natural gas, geothermal, and cogeneration across its facilities

Tailored energy products are provided by Calpine for homes and businesses through its retail companies

People of Calpine
Headcount 1000-5000
Employee Profiles 383
Employee Profiles
People
Adrian Ortega
Plant Operator II
People
Jeff Koshkin
Senior Vice President, Chief Accounting Officer and Chief Risk Officer
People
Joe Greco
Strategic Initiatives - Western Region
People
Torreon Martin
Director Of Work Management

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Funding Insights of Calpine

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $58.0M
  • First Round

    (26 Sep 2008)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Post-IPO - Calpine Valuation

investors

Sep, 2019 Amount Debt – Conventional - Calpine Valuation

investors

Sep, 2009 Amount Grant - Calpine Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Calpine

Calpine has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Constellation, CPP Investments and Pantheon Infrastructure. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Energy Capital Partners is focused on energy transition investments.
Founded Year Domain Location
Investment and holding company controlled by Len Blavatnik
Founded Year Domain Location
Provider of investment management firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Calpine

Calpine has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Noble Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Electricity supply is provided by Noble Solutions in Indonesia.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Calpine

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Calpine Comparisons

Employees
+
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Competitors of Calpine

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Calpine

Frequently Asked Questions about Calpine

When was Calpine founded?

Calpine was founded in 1984 and raised its 1st funding round 24 years after it was founded.

Where is Calpine located?

Calpine is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

How many employees does Calpine have?

As of Sep 30, 2018, the latest employee count at Calpine is 162.

What is the annual revenue of Calpine?

Annual revenue of Calpine is $10.07B as on Dec 31, 2019.

What does Calpine do?

Calpine Corporation was established in 1984 and is headquartered in Houston, United States. Operations are centered in the energy sector, where natural gas and geothermal power plants are developed. Electricity is produced and distributed through the subsidiary Champion Energy. In 2019, revenues of 10.07 billion were reported, accompanied by a net profit of 0.77 billion.

What products or services does Calpine offer?

Calpine offers Electricity Generation and Retail Energy Services.

How many acquisitions has Calpine made?

Calpine has made 1 acquisition, including Noble Solutions.

Who are Calpine's investors?

Calpine has 6 investors. Key investors include Constellation, CPP Investments, Pantheon Infrastructure, OSTI.GOV, and Energy Capital Partners.

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