Hart-Scott Rodino Act

Duke Energy Sells Non-Regulated Midwest Generation Business for $2.8B

Dynegy plans to buy Duke Energy’s non-regulated Midwest Commercial Generation Business for $2.8 billion in cash, which includes ownership interests in 11 power plants and Duke Energy Retail Sales, the company's retail business in Ohio. The completion of the transaction is conditioned on approval from FERC, the expiration of the waiting period under the Hart-Scott Rodino Act, and the release of certain credit support obligations. Closing is expected to occur in three to six months.

Calpine to Acquire 809-MW Plant from Exelon in $530M Deal

Calpine plans to purchase a nominal 809-MW, combined-cycle power plant and related plant inventory from Exelon for $530 million, subject to working capital adjustments. The natural gas-fired plant is located in North Weymouth, Massachusetts, 12 miles southeast of Boston. Built in 2003, Fore River Generating Station features two Mitsubishi 501G combustion turbines, two heat recovery steam generators and one Mitsubishi steam turbine. Calpine expects the transaction to close in the fourth quarter of 2014 and intends to fund the transaction with cash on hand.