<PAGE> 1
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-33736
PROSPECTUS SUPPLEMENT TO THE PROSPECTUS DATED JUNE 27, 2000
OF
CALPINE CORPORATION
RELATING TO
RESALES BY SELLING SHAREHOLDERS
OF
5 1/2% CONVERTIBLE PREFERRED SECURITIES
REMARKETABLE TERM INCOME DEFERRABLE EQUITY SECURITIES
(HIGH TIDES(SM))
The Prospectus dated June 27, 2000, as supplemented to date (the
"Prospectus") relating to resales by selling shareholders of 5 1/2% Convertible
Preferred Securities, Remarketable Term Income Deferrable Equity Securities
(HIGH TIDES(SM)), is hereby supplemented by amending the "Selling Holders"
section on pages 23-25 thereof, by inserting the following as new selling
holders in the appropriate alphabetical location:
<TABLE>
<CAPTION>
NUMBER OF
SELLING HOLDER HIGH TIDES
-------------- ------------
<S> <C>
H. K. Porter Company, Inc................................... 1,500
Louisiana Workers' Compensation Company..................... 6,000
</TABLE>
In addition, the Prospectus is further supplemented by changing the entries
under the column "Number of HIGH TIDES" with respect to the Selling Holders
identified below to the corresponding entries below the column "New Number of
HIGH TIDES" set forth below.
<TABLE>
<CAPTION>
NEW
NUMBER OF
SELLING HOLDER HIGH TIDES
-------------- ----------
<S> <C>
CALAMOS(R) Convertible Portfolio -- CALAMOS(R) Advisors
Trust..................................................... 2,400
CALAMOS(R) Growth and Income Fund -- CALAMOS(R) Investment
Trust..................................................... 25,400
CALAMOS(R) Market Neutral Fund -- CALAMOS(R) Investment
Trust..................................................... 14,600
Consulting Group Capital Markets Funds...................... 5,600
Lions Clubs International Foundation........................ 7,000
The Fondren Foundation...................................... 3,800
ZCM/HFR Index Management, L.L.C. ........................... 1,900
</TABLE>
In addition, the Prospectus is further supplemented by changing the name of
the Selling Holder set forth on line nine of the list of Selling Holders on page
23 from "Aventis Pharmaceuticals" to "Aventis Pension Master Trust".
------------------------
Prospectus Supplement dated August 10, 2000
