Calpine’s Loss Widens on Reorganization Costs

Calpine Corp. said its second-quarter loss widened to about $818 million from $298.5 million a year earlier, partly on reorganization costs.

Further details will be provided in a quarterly report that will be submitted late because of bankruptcy-related delays, San Jose-based Calpine said in a filing with the Securities and Exchange Commission. The departures of key accounting employees contributed to the delay in filing a second-quarter report, the power producer said.