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White & Case Acts on $1 Billion Private Placement for Calpine

New York, May 20, 2009 ... Global law firm White & Case LLP has advised Calpine Corporation on a $1.0 billion private placement of senior secured notes by its wholly owned subsidiaries, Calpine Construction Finance Company, L.P. and CCFC Finance Corp.

"We are pleased to have assisted Calpine with its debt offering," said Michael Shenberg, White & Case partner. "This transaction underscores the strength of White & Case's capabilities across a range of practice areas, including energy and capital markets."

Calpine Corporation is a major US power company serving the United States and Canada. Calpine owns, leases, and operates low-carbon, natural gas-fired, and renewable geothermal power plants.

In addition to Shenberg, the White & Case team advising Calpine included partners Gary Kashar, Joseph Brazil, Ian Cuillerier, Earle O’Donnell, Colin Diamond, William Dantzler, Ray Simon, Larry Gannon, and Richard Horsch; counsels Laurel Glassman and Scott Greissman; of counsel Paul Milmed; and associates Amy Delsack, Mårten Olsson, David Tarr, Michael Masri, Toren Murphy, Stanley Boris, Mangesh Dhume and Andrew Weisberg.

About White & Case
White & Case LLP is a leading global law firm with 36 offices in 25 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. Our clients value both the breadth of our global network and depth of our US, English and local law capabilities in each of our regions and rely on us for their complex cross-border transactions, arbitration and litigation provided by our global practices.

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Francine Minadeo
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White & Case LLP
646 885 2218