Calpine Provides Update on Wildfire Impact on The Geysers Geothermal Power Facilities

MIDDLETOWN, Calif.--(BUSINESS WIRE)--Over the weekend, a wildfire designated as the Valley Fire spread to Calpine Corporation’s (NYSE: CPN) The Geysers geothermal power facilities in Lake and Sonoma Counties, California, affecting five of Calpine’s 14 power plants. All employees and contractors were safely evacuated and accounted for. We understand from the California Department of Forestry and Fire Protection (Cal Fire) that the fire is moving away from other power plants at The Geysers but is only minimally contained and could change direction. We continue to generate and deliver renewable electricity to the grid for our customers from our non-affected plants at The Geysers to the extent possible. We are coordinating closely with Cal Fire in the event further evacuation is needed from our operating plants, as employee safety is our top priority.