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Calpine Reports Results From Retail Segment
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In reporting earnings today, Calpine reported that its Retail segment recorded Commodity Margin of $357 million for the year 2018, versus $396 million a year ago
Commodity Margin in the Retail segment decreased by $39 million in 2018 compared to the prior year primarily due to higher purchased energy and capacity supply costs in Texas and the Northeast.
The Retail segment reported income from operations (which includes mark-to-market impacts) of $204 million for 2018, versus $154 million a year ago
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March 7, 2019
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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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