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...
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