Houston, November 7, 2012 — Calpine Corp. completed the acquisition from Bosque Power Co., of a natural gas-fired, combined-cycle power plant located in Bosque County, Texas. Calpine purchased the plant, which has generating capacity of 800 MW, for $432 million plus adjustments, or $540 per kW.
Upon purchase, Calpine changed the name of the merchant plant to the Calpine Bosque Energy Center. The 280-acre site is located near the unincorporated community of Laguna Park in Central Texas.
The Bosque Energy Center comprises two generation blocks: A 250 MW block with one natural-gas turbine, one heat-recovery steam generator and one steam turbine that achieved commercial operations in June 2001 and a 550 MW block with two natural-gas turbines that went online in June 2000 as well as two heat-recovery steam generators and one steam turbine that achieved commercial operations in June 2011.
Calpine is an independent power producer in the U.S., with a fleet of 94 power generation plants representing nearly 29,000 MW of generation capacity.