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Stock Market & Financial Investment News

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February 27, 2014
08:04 EDTCPNCalpine completes purchase of Guadalupe Power Plant for $625M
Calpine Corporation has completed the acquisition of a natural gas-fired, combined-cycle power plant located in Guadalupe County, 30 miles northeast of San Antonio, Texas, in ERCOTís south zone. Calpine purchased the plant, which has a nameplate generating capacity of 1,050 megawatts, from MinnTex Power Holdings, LLC for $625M plus adjustments, or approximately $595 per kilowatt.
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