Calpine Corp. Names Michael Maley Vice President Business Development.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Dec. 18, 1998--San Jose, Calif.-based Calpine Corp. (NYSE NYSE See: New York Stock Exchange :CPN CPN Communist Party of Nepal CPN Commercial Property News CPN Civic Practices Network CPN Calling Party Number CPN Community Psychiatric Nurse (UK) CPN Cisco Powered Network CPN Connaitre et Proteger la Nature ) today announced that it has named Michael P. Maley vice president, business development. Maley will join the corporate business development staff and will be based in the company's central regional office in Houston. Maley will be responsible for identifying power plant acquisitions and development opportunities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . He will focus on new markets that expand Calpine's presence from its current positions in California, Texas and New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. . As deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of the electric power industry accelerates across the United States, Calpine has continued to expand its ownership of quality power generation projects throughout the country. Replacement of existing generation and continuing growth in electricity demand creates numerous opportunities to develop new projects and to acquire quality operating facilities. Maley will work to identify and close on the most attractive of these opportunities. Maley has worked in the energy industry for more than 15 years. Previously, he was a developer at Indeck Energy Services, Inc. and most recently held the position of vice president project development at Cogentrix Energy, Inc. Maley has master's degrees in management and in engineering and has worked in both the domestic and international markets. "We are an industry leader and innovator," said Ron Walter, Calpine senior vice president-business development. "Our unique vision has allowed us to attract some of the most talented individuals in the industry, and we are proud of the high level of skill of our employees," Walter added. Calpine Corp. is a leading independent power company dedicated to providing customers with low-cost electricity and thermal energy thermal energy Internal energy of a system in thermodynamic equilibrium (see thermodynamics) by virtue of its temperature. A hot body has more thermal energy than a similar cold body, but a large tub of cold water may have more thermal energy than a cup of boiling . Calpine brings in-depth expertise to the development, acquisition, ownership and operation of power generation facilities. Calpine's operating projects include clean-burning natural gas-fired, combined-cycle power plants and geothermal facilities. Calpine currently has 5,500 megawatts of capacity in operation, under construction or in development in 11 states -- enough energy to power five and a half million households. The company was founded in 1984 and is publicly traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CPN. Please visit Calpine's website at www.calpine.com for more information. |
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