The $5.6 billion private buyout of Calpine Corp. by a consortium that includes Energy Capital Partners will close by March 8, according to an agreement between the parties. In connection with the deal, Calpine filed with the SEC to deregister all remaining unsold securities under its existing registration statements.
The deal, announced August 2017, will see Volt Parent LP subsidiary Volt Merger Sub Inc. merge with and into the Houston, Texas-based independent power producer, subject to the satisfaction or waiver of certain outstanding conditions.
