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Calpine CEO (Again) Claims Up To 30% of ERCOT Generation Losing Money

February 13,2017



In an oft-repeated refrain during earnings calls, Calpine CEO Thad Hill said Friday, "We believe up to 30% of the assets in Texas [ERCOT] are losing money, and it's a tough environment with the wind coming in, and we expect even more retirements."

Hill had made similar comments on an August earnings call



Tags:
Texas   ERCOT   Energy-Only   Calpine  

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