Calpine Power Income Fund Announces Cash Distribution For January 2006.CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta -- Calpine Power Income Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CF.UN) today announced that the cash distribution for the month of January 2006 will be $0.0818 per trust unit, consistent with the monthly cash distributions made in 2005. -------------------------------------------------------------------- Record DateEx-DistributioneDistributionDistribution DateDateper Unit -------------------------------------------------------------------- January 31,January 27,February 20, 200620062006$0.0818 -------------------------------------------------------------------- "Management and the Trustees have decided to maintain the January cash distribution per unit at current levels", says Toby Austin, President and Chief Executive Officer of Calpine Canada Power Ltd. "We believe it is prudent to maintain the current level of distributions for January while the process to market the generation capacity of the Calgary Energy Centre develops further. Management and the Trustees will continue to assess the financial position of the Fund to determine the future level of cash distributions to be made to unitholders." Calpine Power Income Fund is an unincorporated Adj. 1. unincorporated - not organized and maintained as a legal corporation unorganised, unorganized - not having or belonging to a structured whole; "unorganized territories lack a formal government" open-ended trust that invests in electrical power assets. The Fund indirectly owns interests in power generating facilities in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Alberta and California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . In addition, the Fund owns a participating loan interest in a power plant in Ontario and has made a loan to Calpine Canada Power Ltd. The Fund is managed by Calpine Canada Power Ltd., which is headquartered in Calgary, Alberta. The Calpine Power Income Fund units are listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol CF.UN. For further information on the Fund, please visit its website at www.calpinepif.com. Calpine Power Income Fund (TSX:CF.UN) |
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