-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P8FwWgX3wJSHWmAk+sJw7Hon9gZ8Vy8zJMMr5O8YJkGvUtbuxTtgV1zoZz3xKF8E evZIwnDQRMi0/UGS37IPdw== 0000916457-06-000045.txt : 20060412 0000916457-06-000045.hdr.sgml : 20060412 20060412163039 ACCESSION NUMBER: 0000916457-06-000045 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060412 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20060412 DATE AS OF CHANGE: 20060412 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALPINE CORP CENTRAL INDEX KEY: 0000916457 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 770212977 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12079 FILM NUMBER: 06756243 BUSINESS ADDRESS: STREET 1: 50 WEST SAN FERNANDO ST CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: 4089955115 MAIL ADDRESS: STREET 1: 50 W SAN FERNANDO STREET 2: SUITE 500 CITY: SAN JOSE STATE: CA ZIP: 95113 8-K 1 o40603.htm

 


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 12, 2006

CALPINE CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

Commission File Number: 001-12079

I.R.S. Employer Identification Number: 77-0212977

 

50 West San Fernando Street

San Jose, California 95113

Telephone: (408) 995-5115

(Address of principal executive offices and telephone number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

 

 

 

ITEM 7.01 — REGULATION FD DISCLOSURE

Calpine Construction Finance Company, L.P. (“CCFC”), a subsidiary of Calpine Corporation, has notified holders of its First Priority Senior Secured Institutional Term Loans due 2009 (“Term Loans”) and Second Priority Senior Secured Floating Rate Notes due 2011 (“Senior Notes”) that Calpine Energy Services, L.P. (“CES”) failed to pay a portion of a payment due under the Index Based Gas Sale and Power Purchase Agreement dated as of August 14, 2003, as amended (the “Index Based PPA”), among CCFC, certain subsidiaries of CCFC, and CES. The failure to make the payment, which relates to a hedging transaction under the Index Based PPA, by April 6, 2006, constituted a default under the instruments governing the Term Loans and the Senior Notes as of April 7, 2006. If such default is not cured within 60 days after its occurrence, or if the Index Based PPA is not replaced with a substantially similar agreement within such 60-day period, such default will become an “Event of Default” under the instruments governing the Term Loans and the Senior Notes.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report

to be signed on its behalf by the undersigned hereunto duly authorized.

CALPINE CORPORATION

 

By: 


/s/ Charles B. Clark, Jr.

 

 

Charles B. Clark, Jr.

 

 

Senior Vice President, Controller and
Chief Accounting Officer

 

 

 

Date: April 12, 2006

 

 

 

 

 

 

 

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