natural gas-fired

Entergy’s wholesale generation division, Entergy Wholesale Commodities, entered into an agreement to sell its 583-MW Rhode Island State Energy Center (RISEC), located in Johnston, R.I., to Carlyle Power Partners. The facility is a natural gas-fired, combined-cycle generating plant that entered commercial service in 2002. The base sales price is approximately $490 million, subject to closing adjustments.

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.

GE Power & Water's Distributed Power business signed a contract to provide Sky Global Partners (Sky Global) with its Jenbacher gas engine technology along with a 30-year contractual service agreement for a new 50-MW high-efficiency power plant in Colorado County, Texas, near San Bernard's Rock Island substation. This represents the largest North American power project for GE's Jenbacher J920 FleXtra gas engine so far.

Competitive Power Ventures (CPV) and partners Marubeni and Toyota Tsusho closed financing with GE Energy Financial Services and 14 other lenders for the $775 million CPV St. Charles Energy Center under construction in Charles County, Maryland. Financial details were not disclosed. Located 25 miles southeast of Washington, DC, the CPV St. Charles Energy Center is a 725- MW combined-cycle natural gas-fired power plant using two GE 7F.05 gas turbines and a GE D400 steam turbine.

Duke Energy Carolinas plans to build and operate a 750-MW natural gas-fired combined cycle plant at the existing Lee Steam Station site in Anderson County, S.C. The North Carolina Electric Membership Corporation will own 100 MW of the project. The decision to move forward with this project is part of a long-term plan to add new generation, modernize the fleet, maintain a diverse fuel portfolio, and manage customer costs while delivering a high-quality, reliable power supply.

Calpine completed the acquisition of a natural gas-fired, combined-cycle power plant located in Guadalupe County, 30 miles northeast of San Antonio, Texas, in ERCOT's south zone. Calpine purchased the plant, which has a generating capacity of 1,050 MW, from MinnTex Power Holdings (a portfolio company owned by a private investment fund managed by Wayzata Investment Partners) for $625 million plus adjustments.