Calpine secures $1.1bn climate funding for Geysers Power Company

THINK GEOENERGY | Climate funding of $1.1 bn raised by Geysers Power Company to repay Calpine for equity invested in GPC, as well as to fund ongoing operations, maintenance and capital expenditures for its geothermal operations at the Geysers, California.

In a release yesterday, Calpine Corporation, one of the leading producers of renewable geothermal energy, announced the closing of a $1.1 billion Climate Bonds Certified financing for its wholly-owned subsidiary, Geysers Power Company, LLC (“GPC”).

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