SAN JOSE, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Calpine Corporation (NYSE:CPN), in response to the overwhelming rejection by voters of California Proposition 80, stated: California decision makers have their mandate from voters. Energy policy in California is too important to the economy and the environment to be crafted outside of the established political and regulatory processes. Calpine applauds the leadership of the California Public Utilities Commission, the environmental, academic, and business communities, as well as the Editorial Boards of California's major newspapers who collectively opposed the measure. Calpine looks forward to working with all stakeholders to deliver on the voters' clear directive to preserve competition and customer choice. DATASOURCE: Calpine Corporation CONTACT: Kent Robertson, Media Relations of Calpine Corporation, +1-408-621-1447, or Web site: http://www.calpine.com/

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