Daily News: October 25, 2017

Barclays Supports Energy Capital Partners Calpine Buy


Law firm Simpson Thatcher advised Barclays in connection with a committed $950 million senior secured bridge credit facility for Energy Capital Partners to support its acquisition of Calpine.

Barclays also provided a $1.1 billion senior secured backstop revolving credit facility to be used to refinance Calpine’s existing revolving credit facility.

Calpine is a generator of electricity from natural gas and geothermal resources.