(Reuters) - Sales rose 19 percent to $1.6 billion for the quarter ending March 31, said Calpine, which operates 25,000 megawatts of generating capacity in 18 states and sells power to the wholesale market.
Energy revenue was helped by a 31 percent jump in power generation from the year-ago period, which followed its bankruptcy filings. Calpine filed for Chapter 11 bankruptcy protection in December 2005 in one of the largest U.S. corporate insolvencies in recent history.
Read more at Reuters.com Market News
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