White & Case Reps Calpine In $740M Power Plant Sale

Law360, New York (April 5, 2010, 2:47 PM EDT) -- An Xcel Energy Inc. subsidiary has agreed to shell out $739 million to buy two gas-fired power plants in Colorado from Houston-based Calpine Corp.

Public Service Co. of Colorado will purchase the 621-megawatt Rocky Mountain Energy Center near Hudson, Colo., and the 310-megawatt Blue Spruce Energy Center in Aurora, Colo., from Calpine, the companies announced in a joint statement Monday.

"This agreement will be good for our customers because these assets, which are already an integral part of our system, will continue to provide reliable and...
To view the full article, register now.