Southern Power to Acquire Two Natural Gas-Fired Units in Minnesota

Southern Company logo

Southern Power, a unit of Southern Co. (NYSE: SO), will acquire two natural gas units in Minnesota from Calpine Corp (NYSE: CPN).

The transaction includes the 375-MW Mankato Energy Center I and the planned 345-MW Mankato Energy Center II expansion, which is currently under development. Mankato Energy Center I is a natural gas-fired, combined-cycle facility contracted with Northern States Power, a subsidiary of Xcel Energy, through 2026. The expansion project is scheduled for operations in June 2019 to serve an additional 20-year power purchase agreement with Northern States Power.

With the addition of the Mankato Energy Center, Southern Power will own 10 combined-cycle and combustion-turbine natural gas-fired power plants in five states representing 9,300 MW of generating capacity either operating or under development.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...