<PAGE> 1
Filed Pursuant to Rule 424(b)(5)
Registration Statement No. 333-47068
PROSPECTUS SUPPLEMENT TO THE PROSPECTUS DATED NOVEMBER 14, 2000
OF
CALPINE CORPORATION
RELATING TO
RESALES BY SELLING SHAREHOLDERS
OF
5% CONVERTIBLE PREFERRED SECURITIES
REMARKETABLE TERM INCOME DEFERRABLE EQUITY SECURITIES
(HIGH TIDES(SM))
The Prospectus dated November 14, 2000, as supplemented to date (the
"Prospectus") relating to resales by selling shareholders of 5% Convertible
Preferred Securities, Remarketable Term Income Deferrable Equity Securities
(HIGH TIDES(SM)), is hereby supplemented by amending the "Selling Holders"
section on pages 24-28 thereof, by changing the entry under the column "Number
of HIGH TIDES" with respect to the Selling Holder identified below to the
corresponding entry below the column "New Number of HIGH TIDES" set forth below.
<TABLE>
<CAPTION>
NEW
NUMBER OF
SELLING HOLDER HIGH TIDES
-------------- ----------
<S> <C>
Banc of America Securities LLC.............................. 228,760
</TABLE>
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Prospectus Supplement dated November 29, 2000
