UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 1225, 2020

CALPINE CORPORATION

(Exact name of registrant as specified in its charter)



Delaware	1-12079	77-0212977
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

717 Texas Avenue, Suite 1000, Houston, Texas 77002

(Addresses of principal executive offices and zip codes)

Registrant's telephone number, including area code: (713) 830-2000

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 (see General Instruction A.2. below):


o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

TABLE OF CONTENTS

ITEM 52.02 — ~~DEPARTURE~~RESULTS OF ~~DIRECTORS~~OPERATIONS ORAND ~~CERTAIN~~FINANCIAL ~~OFFICERS;~~CONDITION ~~ELECTION~~ITEM OF9.01 ~~DIRECTORS;~~— ~~APPOINTMENT~~FINANCIAL OFSTATEMENTS ~~CERTAIN~~AND ~~OFFICERS;~~EXHIBITS ~~COMPENSATORY~~SIGNATURES ~~ARRANGEMENTS~~EXHIBIT ~~OF CERTAIN OFFICERS SIGNATURES~~INDEX

ITEM 52.02 — RESULTS ~~DEPARTURE~~ OF ~~DIRECTORS~~OPERATIONS ORAND ~~CERTAIN~~FINANCIAL ~~OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS~~CONDITION

~~(b)~~ On February 1225, 2020, ~~Avik Dey resigned from~~ Calpine Corporation’s ~~(“Calpine”~~issued ora ~~the~~press ~~“Company”)~~release ~~Board~~announcing ofits ~~Directors~~financial ~~(the~~and ~~“Board”).~~operating ~~Mr.~~results ~~Dey’s~~for ~~resignation~~the asyear aended ~~voting~~December ~~director~~31, ~~did~~2019. ~~not~~A ~~result~~copy ~~from~~of ~~any disagreement with~~ the ~~Company~~press onrelease ~~any~~is ~~matter~~being ~~relating~~furnished toherewith ~~the~~as ~~Company’s~~Exhibit ~~operations, policies, or practices~~99.1.

~~(d)~~The Ininformation ~~accordance~~in ~~with~~this ~~the~~Form ~~Stockholders Agreement (the “Stockholders Agreement”), dated March~~ 8-K, ~~2018,~~including byExhibit ~~and between Calpine and CPN Management~~99.1, ~~LP,~~shall ~~CPP~~not ~~Investment~~be ~~Board~~deemed ~~Private~~“filed” ~~Holdings~~for ~~(3)~~purposes ~~Inc.~~of ~~nominated~~Section ~~Waleed~~18 ~~Elgohary as a voting director~~ of ~~Calpine effective February 12, 2020 to fill~~ the ~~vacancy~~Securities ~~resulting~~and ~~from~~Exchange ~~Mr.~~Act ~~Dey’s resignation. Mr. Elgohary was nominated to serve on the Compensation Committee~~ of ~~Calpine’s~~1934, ~~Board. Other than~~ as ~~provided~~amended ~~for in~~ (the ~~Stockholders~~“1934 ~~Agreement~~Act”), ~~there~~nor ~~are~~shall noit ~~arrangements~~be ordeemed ~~understandings~~“incorporated ~~between~~by ~~Mr.~~reference” ~~Elgohary~~into ~~and~~ any ~~other~~filing ~~persons,~~under ~~pursuant~~the toSecurities ~~which~~Act heof ~~was~~1933, ~~nominated~~ as aamended, ~~director and he has no direct~~ or ~~indirect~~the ~~material~~1934 ~~interest~~Act, inexcept ~~any~~as ~~current~~may ~~or proposed transaction required to~~ be ~~disclosed~~expressly ~~pursuant~~set toforth ~~Item~~by ~~404(a)~~specific ofreference ~~Regulation~~in ~~S-K~~such filing.

ITEM 9.01 — FINANCIAL STATEMENTS AND EXHIBITS


(d)	Exhibits



Exhibit No.		Description

99.1		Calpine Corporation Press Release dated February 25, 2020.*

__________



	*	Furnished herewith.

SIGNATURES

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.

CALPINE CORPORATION

	By:	/s/ ZAMIR RAUF
		Zamir Rauf
		Executive Vice President and
		Chief Financial Officer
Date: February 14, 2020
February 25, 2020

EXHIBIT INDEX



Exhibit No.		Description

99.1		Calpine Corporation Press Release dated February 25, 2020.*

__________



	*	Furnished herewith.

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