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EXHIBIT 21
Subsidiaries of Calpine Corporation
Set forth below are the names of certain subsidiaries, at least 50%
owned, directly or indirectly, of Calpine Corporation as of December 31, 1999,
unless otherwise indicated. Certain subsidiaries which when considered in the
aggregate would not constitute a significant subsidiary, are omitted from the
list below:
State or Other
Calpine Jurisdiction of Incorporation
Name Interest Percentage or Organization
- ---- ------------------- -----------------------------
Geysers Power Company
Geysers Power Company, LLC 100% Delaware
Geysers Power I Company 100% Delaware
Geysers Power II Company 100% Delaware
Thermal Power Company 100% California
Calpine Thermal Power, Inc. 100% California
Geysers Finance Company 100% Delaware
Texas City Power Plant
Texas City Cogeneration, LP 100% Texas
Texas Cogeneration One Company 100% Delaware
Texas Cogeneration Five, Inc. 100% Delaware
Texas Cogeneration Company 100% Delaware
Calpine Finance Company 100% Delaware
Pasadena Power Plant
Pasadena Cogeneration, LP 100% Delaware
Calpine Pasadena Cogeneration,
Inc. 100% Delaware
Calpine Texas Cogeneration, Inc. 100% Delaware
King City Power Plant
Calpine King City Cogen LLC 100% Delaware
Calpine King City 1, Inc. 100% Delaware
Calpine King City 2, Inc. 100% Delaware
Calpine Securities Company, LP 100% Delaware
Gilroy Power Plant
Calpine Gilroy Cogen, LP 100% Delaware
Calpine Gilroy 1, Inc. 100% Delaware
Calpine Gilroy 2, Inc. 100% Delaware