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Calpine selected for 20-year Contract to Help Serve Growing Energy Needs on Long Island

LIPA announced that it intends to enter into a 20-year, 79.9MW power contract with Calpine for capacity and related energy and ancillary services beginning in June 2005. The selection was a result of a January 20, 2004 Request for Proposals (RFP) and remains subject to review and approval by the State’s Comptroller and Attorney General.

1 June 2004 – Two power generation contracts with ceilings of $100m for power generation operation in Iraq have been awarded to an Italian company and an American company. Bertoli SRL of Italy and IAP Worldwide Services of the United States both won contracts to provide the procurement, delivery and installation of numerous electrical generator sets and associated components throughout Iraq.