MUFG Bank acted as administrative agent and first lien collateral agent on a $1.1 billion Climate Bonds Certified financing for Geysers Power Company, which is a wholly-owned subsidiary of Calpine.
Calpine entered into a new seven-year $750 million term loan facility. Credit Suisse served as administrative agent for the transaction.
Calpine closed a new $1 billion first lien term loan facility maturing in January 2025. Credit Suisse served as administrative agent for the transaction.
Barclays provided a $950 million senior secured bridge facility and a $1.1 billion revolver to support Energy Capital Partners acquisition of Calpine. Simpson Thatcher advised Barclay on the transactions.
Calpine closed its acquisition of Noble Americas Energy Solutions, the nation’s largest independent supplier of power to commercial and industrial retail customers in a deal valued at $800 million.