Calpine Completes Purchase of Fore River Energy Center for $530M

Calpine completed the acquisition of Fore River Energy Center, a natural gas-fired, combined-cycle power plant located in North Weymouth, Massachusetts. Calpine purchased the 809-MW plant from Exelon for $530 million plus adjustments, or approximately $655 per kW. Built in 2003, the Fore River Energy Center features two combustion turbines, two heat recovery steam generators and one steam turbine. All of Fore River's energy, capacity and ancillary services are sold into the competitive wholesale power markets administered by ISO-New England.

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