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San Jose, CA, May 2, 2008 -- Calpine Corp. announced that Todd W. Filsinger has been named interim chief operating officer (COO), effective immediately. As Interim COO, Filsinger will oversee all aspects of Calpine's operations including power, commercial, environmental health and safety, engineering and project development. Previously, Filsinger served as head of Calpine's commercial operations, which includes oversight of trading, origination and structuring activities, budget management and fleet optimization and dispatch.
In addition to his interim Calpine role, Filsinger will retain his current responsibilities as a managing partner at PA Consulting Group, a member of PA's management committee and as the head of its Global Energy Practice. Filsinger's experience in the electric utility industry spans more than 20 years. He has engaged with major merchant sector utilities to include restructuring, financing and evaluation of generation, distribution, transmission and gas properties, the development of commercial growth strategies and green house gas strategies.
For related articles on the continuing Calpine bankruptcy and recovery, please read these articles:
Court allows Calpine to proceed with $5 billion replacement DIP financing
Calpine gets approval to sell power plant; moves forward with bankruptcy recovery plan
Calpine sells excess inventory
Calpine sells interest in Wisconsin power plant
Calpine to sell interest in Cali energy center
Court OKs Calpine power plant sale
Calpine repays $645 million of its 9 5/8% First Priority Senior Secured Notes due 2014
Calpine Power Income Fund announces departure of CFO Geoff Krause
Calpine completes sale of Mexican power plant
Calpine to cut 775 jobs; announces plans to sell non-core power plants
Calpine sells interest in Mexican power plant; general counsel departs
Calpine shifting executive staff to go forward with restructuring plan
Calpine closes $2 billion DIP financing
Calpine declares compensation figures for board; purchases geothermal plants; appoints new board member
Calpine finalizes collateral structure for $2 billion DIP facility
Calpine files to reject two power plant lease agreements
Calpine to eliminate 300 jobs, sell non-core business
Calpine Power Income Fund and its manager in dispute
Default avoided on King City Project: Calpine Power Income Fund; Scott Davido named CFO of Calpine
Calpine receives court approval of $2 billion DIP financing
Calpine announces departure of member of board
Calpine terminates tender offer for outstanding first priority senior secured notes
Calpine receives court approval of first day motions
Calpine files for bankruptcy
Calpine given time to repay debts, but not much
Calpine's common stock to cease trading on NYSE
Fitch says Calpine exposure does not adversely affect public power sector
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