<SUBMISSION>
<ACCESSION-NUMBER>0000916457-13-000043
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20131017
<ITEMS>7.01
<ITEMS>9.01
<FILING-DATE>20131018
<DATE-OF-FILING-DATE-CHANGE>20131017
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CALPINE CORP
<CIK>0000916457
<ASSIGNED-SIC>4911
<IRS-NUMBER>770212977
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-12079
<FILM-NUMBER>131158010
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>717 TEXAS AVENUE
<STREET2>SUITE 1000
<CITY>HOUSTON
<STATE>TX
<ZIP>77002
<PHONE>7138302000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>717 TEXAS AVENUE
<STREET2>SUITE 1000
<CITY>HOUSTON
<STATE>TX
<ZIP>77002
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cpn8k-october2013bondprici.htm
<DESCRIPTION>8-K CALPINE BOND PRICING ANNOUNCEMENT OCTOBER 17, 2013
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using WebFilings 1 -->
		<!-- Copyright 2008-2013 WebFilings LLC. All Rights Reserved -->
		<title>CPN 8K - OCTOBER 2013 BOND PRICING</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<a name="s407ACEE5FAF54B53F8474348E964BA07"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:left;"><hr></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:16pt;"><font style="font-family:inherit;font-size:16pt;font-weight:bold;">UNITED STATES</font></div><div style="line-height:120%;text-align:center;font-size:16pt;"><font style="font-family:inherit;font-size:16pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Washington, D.C. 20549</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:16pt;"><font style="font-family:inherit;font-size:16pt;font-weight:bold;">FORM 8-K</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:16pt;"><font style="font-family:inherit;font-size:16pt;font-weight:bold;">CURRENT REPORT</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Date of Report </font><font style="font-family:inherit;font-size:10pt;">(Date of earliest event reported):</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;October 17, 2013</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;"><img src="calpinelogoa02.gif" style="height:70px;width:276px;"></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">CALPINE CORPORATION</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Exact name of registrant as specified in its charter)</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td width="34%"></td><td width="33%"></td><td width="33%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Delaware</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">1-12079</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">77-0212977</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(State or other jurisdiction</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">of incorporation)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Commission</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">File Number)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(IRS Employer</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Identification No.)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">717 Texas Avenue, Suite 1000, Houston, Texas&#160;&#160;77002</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Addresses of principal executive offices and zip codes)</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Registrant's telephone number, including area code:  </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(713) 830-2000</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Not applicable</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#32;(Former name or former address if changed since last report)</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">see</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;</font><font style="font-family:inherit;font-size:10pt;">General Instruction A.2. below):</font></div><table cellpadding="0" cellspacing="0" style="padding-top:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:32px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17&#160;CFR&#160;230.425)</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:32px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17&#160;CFR&#160;240.14a-12)</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:32px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17&#160;CFR&#160;240.14d-2(b))</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:32px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17&#160;CFR&#160;240.13e-4(c))</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;"><hr></div><br><div></div><hr style="page-break-after:always"><a name="s275323C47906FD6687CD4348E993035E"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">TABLE OF CONTENTS</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td width="10%"></td><td width="79%"></td><td width="11%"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><a style="text-decoration:none;color:#000000;font-family:Times New Roman;font-size:10pt;" href="#sDBEE5175F845D6EFEA1C4348E9C2BD50"><font style="font-family:inherit;font-size:10pt;">ITEM&#160;7.01&#160;-&#160;REGULATION FD</font></a></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><a style="text-decoration:none;color:#000000;font-family:Times New Roman;font-size:10pt;" href="#s969F55BE5235151D19084348E9F176F1"><font style="font-family:inherit;font-size:10pt;">ITEM&#160;9.01&#160;-&#160;FINANCIAL STATEMENTS AND EXHIBITS</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><a style="text-decoration:none;color:#000000;font-family:Times New Roman;font-size:10pt;" href="#sD4E12609ADAF7283C6C04348EA10E453"><font style="font-family:inherit;font-size:10pt;">SIGNATURES</font></a></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><a style="text-decoration:none;color:#000000;font-family:Times New Roman;font-size:10pt;" href="#s8CF489511ED9001F964F4348EA3F36CA"><font style="font-family:inherit;font-size:10pt;">EXHIBIT INDEX</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><br><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;">1</font></div></div><hr style="page-break-after:always"><a name="sDBEE5175F845D6EFEA1C4348E9C2BD50"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;padding-top:16px;text-align:justify;padding-left:84px;text-indent:-83px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;7.01&#160;-&#160;REGULATION FD</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 17, 2013, Calpine Corporation announced&#160;the pricing of $750 million in aggregate principal amount of its 6.0% Senior Secured Notes due 2022 in a private placement. In response to market demand, the aggregate principal amount of the notes offered was increased from $570 million. A copy of the press release is being furnished as Exhibit&#160;99.1. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><a name="s969F55BE5235151D19084348E9F176F1"></a><div style="line-height:120%;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;9.01&#160;-&#160;FINANCIAL STATEMENTS AND EXHIBITS</font></div><div style="line-height:120%;text-align:justify;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(d)&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Exhibits</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.2421875%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td width="14%"></td><td width="1%"></td><td width="85%"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit&#160;No.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99.1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Calpine Corporation Press Release dated October 17, 2013.*</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">__________</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.4375%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"></td></tr><tr><td width="2%"></td><td width="2%"></td><td width="92%"></td><td width="4%"></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">* Furnished herewith. </font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><br><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;">2</font></div></div><hr style="page-break-after:always"><a name="sD4E12609ADAF7283C6C04348EA10E453"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SIGNATURES</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-top:21px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CALPINE CORPORATION</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.4375%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td width="11%"></td><td width="33%"></td><td width="6%"></td><td width="39%"></td><td width="11%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;By:&#160;&#160;&#160;&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;/s/ ZAMIR RAUF</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Zamir Rauf</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Executive Vice President and</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Chief Financial Officer</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;Date: October 17, 2013</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><br><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;">3</font></div></div><hr style="page-break-after:always"><a name="s8CF489511ED9001F964F4348EA3F36CA"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">EXHIBIT INDEX</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.2421875%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td width="14%"></td><td width="1%"></td><td width="85%"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Exhibit&#160;No.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Description</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99.1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Calpine Corporation Press Release dated October 17, 2013.*</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">__________</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:85.15625%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td width="2%"></td><td width="98%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">*</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Furnished herewith.</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><br><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;">4</font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit991-october2013_cal.htm
<DESCRIPTION>CALPINE BOND PRICING ANNOUNCEMENT PRESS RELEASE, DATED OCTOBER 17, 2013
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using WebFilings 1 -->
		<!-- Copyright 2008-2013 WebFilings LLC. All Rights Reserved -->
		<title>EXHIBIT 99.1 - OCTOBER 2013_CALPINE BOND PRICING RELEASE</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<a name="sBFD5109E76F5D79FC44343D8EBF2B236"></a><div></div><br><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit 99.1</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td width="37%"></td><td width="63%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div><img src="calpinelogoa02.gif" style="height:61px;width:240px;"></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:72px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td width="47%"></td><td width="53%"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">CONTACTS:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">NEWS RELEASE</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Media Relations:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Investor Relations:</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Brett Kerr</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Bryan Kimzey</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">713-830-8809</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">713-830-8775</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">brett.kerr@calpine.com</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">bryan.kimzey@calpine.com</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Calpine Corporation Announces Upsizing and Pricing of Senior Secured </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Notes Offering</font></div><div style="line-height:120%;text-align:center;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(HOUSTON, Texas) &#8211; October 17, 2013 &#8211; Calpine Corporation (NYSE: CPN) today announced the pricing of $750,000,000 in aggregate principal amount of its 6.00% Senior Secured Notes due 2022 in a private placement.  In response to market demand, the aggregate principal amount of the notes offered was increased from $570,000,000.  The offering is expected to close on October 31, 2013.  Calpine Corporation intends to use the proceeds from this offering, together with the proceeds from a new senior secured term loan and cash on hand (if necessary), to (i) pay the consideration in the concurrent tender offer and consent solicitation Calpine Corporation has undertaken in respect of any and all of its existing 7.25% Senior Secured Notes due 2017, (ii) redeem any 7.25% Senior Secured Notes due 2017 not tendered in the tender offer and consent solicitation and (iii) pay premiums, fees and expenses relating to the tender offer and consent solicitation, this offering and the redemption described above.</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">The notes will not be registered under the U.S. Securities Act of 1933, as amended (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Securities Act</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and may not be offered or sold in the U.S. without registration under the Securities Act or pursuant to an applicable exemption from such registration.</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any security and nor shall there be any offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">About Calpine</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Calpine Corporation generates more electricity than any other independent power producer in America, with a fleet of 93 power plants in operation or under construction, representing more than 28,000 megawatts of generation capacity.  Serving customers in 20 states and Canada, we specialize in developing, constructing, owning and operating natural gas-fired and renewable geothermal power plants that use advanced technologies to generate power in a low-carbon and environmentally responsible manner.  Our clean, efficient, modern and flexible fleet is uniquely positioned to benefit from the secular trends affecting our industry, including the abundant and affordable supply of clean natural gas, stricter environmental regulation, aging power generation infrastructure and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid.  We focus on competitive wholesale power markets and </font></div><br><div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">-more-</font></div></div><hr style="page-break-after:always"><a name="sAA14E4E1D568B21E6D1943D8EC249676"></a><div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Calpine Corporation Announces Upsizing and Pricing of Senior Secured Notes Offering</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Page 2</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">October 17, 2013</font></div></div><br><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">advocate for market-driven solutions that result in nondiscriminatory forward price signals for investors.</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Forward-Looking Information</font><font style="font-family:inherit;font-size:12pt;">&#32;</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-style:italic;">In addition to historical information, this release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as &#8220;believe,&#8221; &#8220;intend,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;plan,&#8221; &#8220;may,&#8221; &#8220;will&#8221; and similar expressions identify forward-looking statements. Such statements include, among others, those concerning expectations regarding the use of proceeds from the offering, expected financial performance and strategic and operational plans, as well as assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results to differ materially from those anticipated in the forward-looking statements. Please see the risks identified in this release or in Calpine&#8217;s reports and registration statements filed with the Securities and Exchange Commission, including, without limitation, the risk factors identified in its Annual Report on Form 10-K for the year ended December 31, 2012.  These filings are available by visiting the Securities and Exchange Commission&#8217;s website at www.sec.gov or Calpine&#8217;s website at www.calpine.com. Actual results or developments may differ materially from the expectations expressed or implied in the forward-looking statements, and Calpine undertakes no obligation to update any such statements.</font></div><br><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>calpinelogoa02.gif
<DESCRIPTION>CALPINE LOGO
<TEXT>
begin 644 calpinelogoa02.gif
M1TE&.#EA%0%'`'```"'Y!`$``/\`+``````5`4<`A____P```._W]P``"!`0
M$-;6UCI".JVMK>_F[Z6$C+7OQ3H9O1!*$!`9O6,9O4I*2A`9,;7%Q:6EE+7O
ME+7O6K49[[49K;7.E+7.6K49SK49C.;OE*W>[^;.&>;.E#$I,5I28V-K8SI*
MO1!*O6-*C&-*O1!*0H2<8SH9[SH9E#$I&1`9E!`9[SH9:Q`9:V,9[V,9E&,9
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MC&/%SF/%2A#.2A#.SF/%C&/%"!#."!#.C.;O*>;O"!``,6.<[V.<,>_.SH1[
MI81[[X1[,81S4M;.[__>[QD`"!```._WYO__[P`(``````C_``$('$BPH$&"
M"`I(`/$A@$.'!R,"`/&P8D4$$C-JW,BQH\>/($.*'$FRI$>,`!`<>$#`8L6/
M#UQ:1&FRILV;.'/JW"FR0`A_`8#*A.B1XE"'-'DJ7<JTJ=.222,T#-#2(0&A
M%F$>1?JTJ]>O8&^B%,!O8`&C566F#="QW\2M`9*&G4NWKEV4!>"HU;>UHP``
M,;?*M4NXL&&Q!",$KKAV`-:71>$./DRYLN6,90%(6`O7I5;!ET.+/HPR\\`S
M5CL/17C0M-&C;T;+GOW5=,J_"-"J=ME2X&`$MOL9@$N[N/&F26.FY;P[LX!^
M`N3^%0B"^4-_!8YKWWXSMLHS(<*'_P`_OCSY,^C!GS\#AR-PS>?%IS\SF;O]
M^P>GNP5@FV39Z`5-!X"``AY4'WX(XH?17Q%(<``<<$20@!D25"@!/152:.$!
M%6*HH027'%#`>P,E56!$)R:H8H(1I(75`$?!R!@$()Q!SW`.0?``'-EM1."*
M0`*)XVX601#"`;8-6=$#$OCF'G]!1LF=7D0&(*,!!^1ST%0R?=!DB0*EJ%%_
M_4E74%D'2M3?1F4*9%I_9+E)$)D&E29G4K9EUB:43AJT)D9K^LE:H`/R*>>=
MAH)9``'6622C"@%\4$"/`$!'$)<RZ9CF203]92D_#4)X`(DHO7%`2H02Q*-'
M_Q5$4XK1F?\F8%(F'CBK;6+VZ62;<M%D8J4H#99K?BD1JZM`(:A&`(S+AC"L
M0$H.]<`;F6T:4;!ST@.I2Q^$0.D9!,AZ:(DMAF"G@<@:H,('[!KP@0KNPJO"
M&92"6>(9\;K[@;KKMOON!R`<B:=`9K`+@;KL)OQNO",^X*^[!'2+9J%SAO!O
MO`\GW&^_$*BP,;L>8_R`JP+E]8`!])E%%9$$1,`1ID=]@,"Y'Y5%J4\5T8M1
M`694Y24<O1U+L5O*`;B1A`98URV(K(5)T`%G/"#C0X\:7.2I!"D40DLR`@54
MQ&:("$#/%?EC=@`@)/IT"(M1!0>%X%9UE4/^$&``&P;$RS55,$+_<"P"#V`M
MP0>G[9/:42T1T".L6@H$\U$J%"OY1W_Q@\`;D":>W8D2',Y6IP/MEU)56&?T
M:K)R4U7`K-<*^`:5AX<0&W\'+!>`"AB--:`*CSETAM-A9OY05;_3-/%I5JIP
MXN,!?$G0&P6<(2.CH@_T0`0K32M!>P@T:A%?!'@W$&Y;\E9V52&H[9?*%=5;
M4.T7V6L0[(0_*]`;?QW`+8KR\S-=`3(YE8`BP!N:Y.,OL)-;=K"%``%8AP`'
MJ!S)!@2!`)C!(/JKBE`:F!\$J*`EA!N(_R;2#PB%@!X`B)S^5M:940FD'YN*
MUE"J$@%K902`P^/>Y!*3%J$)B!^8<E^=_[+&F?3YZH?H`D#BIG;!@B@G-0;P
M3696F)7\%&!Z%AG1G,*$D9@X;R`$=(FPPO0&1A%@?`.)'!Q"`()3$6XXJ3M*
M^G8H0H-L:RN)HPH=G]2]*A:H5"E!#5%:Y2H</F2.&MD/#M-R!ON1["\!M%?G
M7.*^SF'Q<W4RI$MP1[%.`B8``G02%2MRHA/I+W*2:V`(L(<D.#RHCW!AE@TO
M524+DB19%9ECJAQ'E`G^Y0R/41QKZJ-)AR`R),SY8DH,F9;V4&R4#Y$(`!L5
M0C$E2YD`".-,7E4L`?G#;W52@<NRB3MM=N9W%',D\[:"RI!,DX6E`YY!I@DF
M;`DDCPX9P!?+0O^H8@;@F""1B?,R\\Y<%F2253P(`.?%PHJD#8V^H4@\!0)-
MAU1K(`?`&D:V!M&2G>%=C02`(!NJ%O<U+B,R'`I?'#).D(ST(;[22$QV6+V*
M1LHC_@3H1Y)9)\8XY`$%LJDT`P`!`;"$I`&`PV0H@DUSPE17W:*)!"*7F?V(
M3P"X:=M6HA@@C0A@G15AUD-&!A)8)NZ,GHP(J#`)@-G1Q``THN0>Y^D2=(I$
MH-.9SAMD8E>!(!0R"KW=@!AU':^%4G+)BF!!G&K1@O3CGYURW^Q(=D>JR42'
MCAP(6&?(UHXP-H1UO);D+LI/!`3@#(Q]:*=2E%.2\+0@_@0E\(0:D;W_$BX[
M^!Q>2ZW7O(+D@[%Q&1`,LWG:8NG.:%P\E%ID4J]=TK(S0I&1$#/2CY>V1*<;
MP99M]%*`?L#,'PO22&M'(E!/4@DK*IBL7V4R5-!&P'`53(T*W"=1@P#7-AZ$
M+.A<)2PBN2^\K8%64'KG*(M@4R.O(5Y9=YA7CPD$=D%):M/H:A'L=H0Y.K!7
M8#2(PMFR]UIZ#%/G#+>REH"@1V6Y9H'Z`5P.6DXO`]!E[B9G&@`#@$CCRBQ+
M5``!`O#XQQWKF(\_X&,(])4CVV(DQ6:I/@(Z<Z]EX^J$V9<SDN"5('^E"G:S
MW$NZ1DY`+\V9:6(R40#8U&8KL8J%YTJ0X0U%_R@I8G)3XEL1..1U)"BA"$UT
MP]*TPM8E:]:5^YC3Q-^^QBK.Q."'`PM.@@2F=QU^2U-C=#C5"BTC."Z4M?XW
MJ4Y[^M.?EK,279+HD4S'M*`U<T4,][N3!K;"8_KC0#+%8Z'(+64$T5+^%NUE
MDDTECRV)`-%DVTF;@@=FSLQL0:QD$>M,MWIUVJP<0<*<(^.Y<QH5R`<9,UDQ
MC5<BPV(.O$#P@`><`002*$"-#T+;P+;S>4G.(@"N:=\`D/@AE-J,,?UD0SQ6
M))[.U6PM^_R1;6'%VB!Y3@K#51`(.Z1)P_JV>!/%FP-W5)Y<[FS6!$NRV-X.
M`8D]$7##M.OB7GPCE?_=RAQUMQ%I#V6Z&3'*U.8HP9Y`-DZ^^=I#"'<@B2>Q
MHSS=#Y/;3==&!PA^C@)8;W,=QK48!)@/_=5&M!JS<?FY("E=;N)"`H?>D=4D
M%#D2*S,*O[50:C#^1+B]2-3FL#8/5ELT2,:'^FXH3<>ZARMSB_\<:(TXW'N[
MU0A*7`YH=S9&>1/TB``@-34WDS0$J?+Y0=X@@2@FA3F1_DU7*<KK@NS5Z'ZJ
MSN&JHDP6RP0CNKXG(@4$\_<U^RBX9G.G<$1@GU:E]6IB#C=#HK\').``&(+#
M]BZ4\@%<&@"2IRQ7!13)W:L/RYW?>-T-\@;F#:#,&3Q<6E$6NI0`S3V>V\K_
MV5]6)7_(3"0)=$BV@V6GF-(D)JL[U-U)'=I@%3X_^XE`C%.90I<X;U.Z<P"-
MUV6N0E0^4EFDIRO:E!:]4@!8,QW\$`!?IQ$?4'LRD3:`HDZ=L19EQA%E,7HZ
M94^E(0&GAGP^EA$M,CSF5UO^E&B:!RF*U7:$I7[*YGJ>`2AS`D"IQG(`<$#,
MM#*'U8/OY1E6YRI;HW:*%GY#<2HSIA%9QQL#@$IR-AV3U$/(5X2A0P\#T$0#
MTCDZI#N9\3CC="*F!6MD.!"3%'\$,8#$QD_@=AN<ET_1-$&FU4Z[5%'_AP#]
M`$#WQA5H=&K1@4,=:""[X34XV'*[T1(U.$2+<5UJ_Q4F_*`7!-"$%81[(N4Y
M&`@Z$O='VE0@`I`/=6,1I?81")5'DH-S"1%B8P(`#H=]X>=<AF2)!$$1WM-L
M,R-[O`07-'1\'!$=,",!M]@G?R$`J+,?;D%`5)5.`Q$;Q=02/0(H.U-7OE0`
MD*(/:)42@!)^OX-<$I$4$L"&EQ9&,[8IN$2#DV-3OX$2H^01IJ<L5C%"%+@;
M36)/E--6`$!D=:9I3J-O/%<BD`)434,3L14"T,:*+O$`E")TX+(R$S@@HR0C
M(!!P@B8U_B<H@K2-FQ<@BS%1(!=)\F1FAY9J@O=)B4@5->2$YL,8`"<2*`$=
MJ.$BJ#4I4%-!!(!K&*$8A_^D11>5$A$09E9Q!K,C`'F1<E82`@X2`0UR5/GH
M&WE!9X<3DYC!E#WI=@ZA`F:@1<OT4JO$0<:"?"H`(\XS*1"6%A\@?!'@@'``
M`D0YBANQ0K5(4DBH;7@T7S^RB!%1`"SA/5AB@W*E*DA%4MEQ:,,#(VQH60$0
M`?E0%G#40J8S;Z]GF"SE<0[1>@()ECQY%!98>X.H)C)7)0301/3(/%P34@.A
M);V"B])T`!8C-Q^`6JV1$*$F%Y;3:0EQ.04`/2."&Y,"/;PY(B,"/;"YF^KV
M!F\P%K"9$,5YFY,2G,&H)L&IG+6IG"-B.<_)#[C9G!H1`?H0`;&QA[<)G-`I
MG9W_UIOD*6?1.'"(-EDH@2-Q9"Z>)&O/YR,=(6HGQQ/T68]-X1R\2!(%V1$O
MZ5.J`13S,H9:90#`.&7'IUYT89<J<F<A\2/R4Q,,ZCB,\D$#8$88FJ'[D*%I
MX3#EYIK=>"8E(I%=*5H7YT@2V9\/.AHJ&I`&T:+<48+`8RF.=)^=<D`%.:'V
MH:,K<HCUV9C#A*">1)W^@QO_$Q(G9:/C0BAK(BZ.M9\'88R5(J*$9!,882E.
MPX-#-#XD@EPT`:,$@:4D6B@`LE'HZ1(#<#QZ@IVY@4>RN#Z[M"D0^A0\NGG'
MHQ38^:-.P7)M>J9THW%U@A(QT3M6B)_[)1*9A:5;ZF=)_XJ%$"6C)H&E;J%Y
MK%*B9B(1DZH3'>FG!(BI;[$5"BHEE/$7;`,"!D!NY9:JJKJJJVHQ(&"JJ.JA
MLKHO#F,`)[,O'U"K#Z`"IIJK^V*@-L$//EE+ZT-U,R&JHS$R5QJI!2%(%KA2
M!-88]#!<-2$5R]49'R&88H2LHD%6H;I%[J<1J$&HHU>5C^D0;+E@QE6.Q.H1
MQAH_W%H8K/-U!;!;$<`/+E0RPB8`$1`AON$@&95NE[@RQT85XV8Q\54=54&+
M+=$>8VJB`B$5;TF$&^$6VFH1#QNO7:&LQ#6/!2`S.^(;PD0`(0`'N9H01L)&
MJ\2*+8$[$*(0`6```K`]2!(Q"/\P4K!D2R:QDQ1%E'W1BR1Y%$JJL4JA6K6#
M5A$018L2&S5B9E\7.8MB$*CS!D-2?9+R$!42/HNG1TM)$@NRIF!TL=$7<W#Q
MK43[%9]H/5.J&%'CE0_V`1&`2G$KL`RB`IGZ8$0E`)YC`"F85#*07@AI45VK
M%'MHLL3!$<,&&F=[&%\G`2.C`B+23DE#*0<``G5S*@#48Y!BIH&;&@.`D!Q2
M0XQB6A$0`OIP8P_!A4[A@*+G&35'+/T@MD^UN&'A:F7Q=96+?`,@%=.Q$O)3
M`/L@NO-S.P7U09)2;BI@..$#$1^@MU61KD^!ENC1=P=E'N5QO4-+NZ9F$%^7
MM"EA!NOE@E%DQ0_C88]'0HU22Q7Y925XV;D/D5X.<6*H2Q4)H'!VX8DED;':
MJQ1D96B:90`HL1`E\D^5*RF+`@?HX4HWZQ`R>V[8$RF:%(6&=*^#FY\2FKW[
MVQ1_\77\$):E4Z^2XX!&B1*NI"$N(T@$``$(C!9:-0`)QJX7A,&4@Z6E89KK
M0Z893!D3")^^L1^E=(K#&&9KD5N>`S[H:AG#XGP1FL-UD8EKIRM-N!$^&:U_
MJH(5W!4F@E4[N\1,K,%3&JNJ&C"V^@"H6JJP*JNL^@!;XS#K@C!MK`(G$S&^
,BJO]TBX6=Q`!`0`[
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
