Calpine increases senior secured revolving facility to $1.5 billion

By Marisa Wong

Madison, Wis., July 31 – Calpine Corp. executed a second amendment to its credit agreement dated Dec. 10, 2010 to increase its senior secured revolving credit facility by $500 million to $1.5 billion, according to an 8-K filing with the Securities and Exchange Commission.

Goldman Sachs Bank USA is the administrative agent, and Goldman Sachs Credit Partners LP is the collateral agent for the revolver.

The Houston-based power company entered into the amendment on Wednesday.

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