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Calpine Overview

For employment verification, please contact The Work Number at theworknumber or 1-800-367-5690 and provide employer code 12668 for Calpine Corporation.

	Founded in 1984, Calpine is capable of delivering more than 27,000 megawatts of clean, reliable electricity to customers and communities in 20 U.S. states and Canada with a fleet of 93 power plants in operation or under construction. Houston-based Calpine is a major U.S. power company that is safely and responsibly meeting the needs of an economy that demands cleaner, more fuel-efficient and dependable sources of electricity. Our company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding, Calpine has led the power industry in its unwavering commitment to clean, energy-efficient, natural gas plants as well as renewable geothermal plants that use steam generated deep below the earth’s surface to produce electricity. Quick Facts Calpine is the nation’s largest: Pure-play independent power producer (IPP) based on megawatts generated Baseload renewable generator with 15 geothermal plants at The Geysers in northern California that have a generating capacity 725 megawatts Operator of natural gas-fired power plants Operator of combined-cycle and cogeneration fleet Calpine operates one of the newest and cleanest fleets of natural gas power plants in the country Calpine’s plants emit the fewest greenhouse gases per megawatt hour (MWh) generated of any pure play IPP The fuel efficiency and advanced emissions controls of our fleet results in dramatically lower greenhouse gas-, smog- and acid rain-producing emissions than coal and other typical fossil-fueled power plants The average age of Calpine’s fleet is about 13 years, compared to its IPP peers whose fleets average age ranges from 29 to 35 years Calpine’s fleet is flexible with the capability to respond quickly and reliably to address variable power demand when less reliable sources of energy can not meet generation requirements Calpine’s diverse portfolio of baseload, intermediate and peaking power plants enables us to match our suite of products to individual customer needs There are more than 2,100 employees on the Calpine team To learn more about Calpine, visit our website at: www.calpine.com Our New York Stock Exchange ticker symbol is CPN

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