Calpine Entergy enter into PPA

Calpine Energy Services L.P., a unit of Calpine Corp., signed a 10-year power purchase agreement (PPA) to provide 485 MW of power from the 501 MW combined-cycle Carville Energy Center to Entergy Services Inc. beginning in June 2012. Entergy Service will act as agent for Entergy Texas Inc.

Under the PPA, Calpine will provide Entergy Texas with a blend of baseload, intermediate and peaking capacity and energy and ancillary products. Entergy will purchase the plant’s full output at summer-rated conditions and Entergy Texas will sell one-half of the purchased power to Entergy Gulf States Louisiana.

Entergy Gulf States Louisiana L.L.C. currently buys the output of the natural gas-fired Carville Energy Center in St. Gabriel, La. The cogeneration plant began operations in June 2003. In addition to generating electricity, Carville provides steam for industrial processing to Cos-Mar Inc.under a long-term contract.

The PPA is subject to regulatory approval from the Louisiana Public Service Commission.

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