What does MVEC stand for?

First Electric Cooperative Corporation * Hawaiian Electric Company * Holland Board of Public Works * Magic Valley Electric Cooperative * Mississippi Power * Modesto Irrigation District (PUD) * Philadelphia Electric Company (PECO) * Progress Energy * Rappahannock Electric Cooperative * Sacramento Municipal Utility District * San Diego Gas & Electric * Santee Cooper - South Carolina Public Service Authority * Snapping Shoals Electric Membership Cooperative * South Central Power Co.

Calpine has sold its output under a variety of power sales agreements ranging from 1-to-20 years to several of the nation's leading wholesale power customers, including Aquila Energy, LG& Energy, Magic Valley Electric Cooperative, the trading arm of PG& Corporation, Reliant Energy-HL& and TXU Electric &Gas.

Earlier this year, Calpine entered into a 20-year contract to provide up to 400 megawatts of electricity to the Magic Valley Electric Cooperative of Mercedes, TX beginning in 2001.

Calpine won Magic Valley Electric Cooperative bid; final negotiations underway for 20-year power sales agreement to supply co-op's power requirements beginning in 2001.

In south Texas, Calpine was recently selected by the Magic Valley Electric Cooperative to enter exclusive negotiations to supply the co-op's electrical needs beginning in 2001 and running through 2021.

As recently announced by the Magic Valley Electric Cooperative, Calpine was short-listed to provide the Mercedes, Texas-based cooperative with 250 megawatts of electricity by 2001.