Columbia Energy Center

Calpine Agrees to Sell Six Southeast Power Plants for $1.57 Billion

Calpine agreed to sell six power plants in its Southeast region to LS Power for $1.57 billion in cash, subject to working capital and other adjustments. Plants sold include: Oneta Energy Center (1,134 MW), Coweta, OK; Carville Energy Center (501 MW), St. Gabriel, LA; Decatur Energy Center (795 MW), Decatur, AL; Hog Bayou Energy Center (237 MW), Mobile, AL; Santa Rosa Energy Center (225 MW), Pace, Florida; Columbia Energy Center (606 MW), Calhoun County, SC.

Vendor Neutral

(April 2011) GE Hitachi and Lockheed Martin team up on nuclear reactor controls; Elster wins metering contract in New Hampshire; Xcel hires Bechtel for nuclear services in Minnesota; Mitsubishi builds transformer HQ in Memphis; Northeast Utilities taps Siemens for transmission projects; Iberdrola sells wind output to FirstEnergy; Consumers and DTE invest $400 million to upgrade pumped storage facility; plus contracts and announcements from Alstom, URS, Areva, groSolar, Pattern Energy, S&C Electric and others.