Calpine To Sell Six Power Plants Totaling 3.5 GW

Calpine has 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.

The portfolio of assets comprises 3,498 MW of combined-cycle generation capacity in Oklahoma, Louisiana, Alabama, Florida and South Carolina, listed below:

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, FL
Columbia Energy Center     606 MW     Calhoun County, SC