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Calpine Power Income Fund Appoints Geoff Krause as Vice President and Chief Financial Officer.


CALGARY, Alberta -- Calpine Power Income Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:CF.UN) (the "Fund") announced today the appointment of Geoff Krause to Vice President and Chief Financial Officer of Calpine Canada Power Ltd, the Manager of the Fund.

"We are delighted to have Geoff join our team and take on this challenging and exciting role for the Fund and Calpine Canada," says Toby Austin, President and Chief Executive Officer of Calpine Canada. "Geoff brings a wealth of experience from previous roles in the energy industry, and we know he will make a valuable contribution to our success."

Mr. Krause will serve as Vice President and Chief Financial Officer for the Fund, contributing to all major financial decisions and transactions affecting the Fund. Mr. Krause will also serve as Vice President and Chief Financial Officer of Calpine's finance operations The execution of the joint finance mission to provide financial advice and guidance, support of the procurement process, providing pay support, and providing disbursing support.See also financial management.  in Canada. Prior to taking on this role Mr. Krause worked for various leading energy companies in Canada and Mexico within the pipeline, power and oil and gas servicing sectors. He is a graduate of the University of Regina History
Origins
In direct response to the award of the University of Saskatchewan to Saskatoon rather than Regina, the Methodist Church of Canada established Regina College in 1911 on College Avenue in Regina, Saskatchewan, starting with an enrollment of 27 students;
, Bachelor of Administration and received his Chartered Accountancy Chartered Accountancy is a distinct profession of accountancy, in which practitioners of accounting, known as accountants, belong to professional accountancy bodies that have been granted the Royal Charter by Her Majesty the Queen in the United Kingdom.  designation in 1992.

Calpine Power Income Fund is an unincorporated 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. 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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Comment:Calpine Power Income Fund Appoints Geoff Krause as Vice President and Chief Financial Officer.
Publication:Business Wire
Geographic Code:1CANA
Date:Nov 2, 2005
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