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Calpine to provide Newmarket with energy services

Calpine Energy Services (CES), part of California-based power company Calpine Corp, is to provide energy services to Newmarket Services Company. Newmarket is a newly formed subsidiary of New York- and London-based asset acquisition firm MMC Energy and New Jersey-based electricity company Morris Energy Group.

CES will provide a full range of energy services, including fuel management, transmission analysis, and risk management and reporting for Newmarket’s gas-fired, cogeneration power plants in New Jersey. CES now manages Newmarkets’ 165-megawatt Bayonne, 145MW Camden and 130MW Newark Bay power plants.

Calpine started offering energy services in 1999. It helps customers with commercial services such as trading and physical liquidation of power and gas assets, operational services including

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