Where is CPN Corporate office Headquarters

History

CPN was founded in the year 1984. The company has been operational for more than 35 years now. The founder of the company was Peter Cartwright. The company was formed due to the 1979 energy crisis and the 1973 oil crisis so that domestic energy can be produced on a broader scale as well. The company was started with an initial investment of $1 million. The company was a Silicon Valley start-up. The name of the company had its roots back in the city of California, United States – where it was found, along with reference to the Zurich home base of Electrowatt.

In the year 1988, the first power production was done by the company. By the year 1992, the company had acquired assets totalling an amount to $21 billion. Two years later, the overall production of electricity jumped to almost 141 megawatts. By the year 1996, the company had become a limited public entity. The company then also bought about 63 gas turbine power plants. By the year 1999, after acquiring PG&E’s power plant, the company had become the world’s largest geothermal producer. In the year 2005, the company had become bankrupt, and it emerged from bankruptcy by 2008. In the year 2010, the company had taken over Connectiv Energy from PepsiCo Holdings. Then in the year 2012, the company had produced a record-breaking 116 million mWh of electricity. As of the year 2018, the company has been acquired by Energy Capital Partners, Access Industries Incorporated and also Canada Pension Plan Investment Board. The headquarters of the company is based in 717 Texas Street, Suite 1000. The name of the place is Houston, while the name of the state is Texas, United States. The pin code of the area is 77002.

About

CPN is an American company that focuses on the production of electricity from various natural resources, including natural gas and also other geothermal sources as well. The current CEO of the company is John B Hill III. As of the current date, the company controls more than 27,000 MW of electricity production capacity, via its 90 natural gas power plants, located across 20 USA states and Canada as well. The company also owns 15 geothermal power plants in California as well, accounting for 40 per cent of the overall geothermal energy produced in America. The company currently has more than 2,500 employees. As of the year 2013, the total revenue generated by the company is more than $7.3 billion.

Services

The primary services provided by the company include the production and distribution of electricity all over in the 20 states of the USA and Canada. The company is responsible for the production of clean, modern and efficient forms of energy.