Calpine power plants to be purchased by Public Service Company of Colorado

April 7, 2010

Source: Xcel Energy

Xcel Energy and Calpine Corporation said that Public Service Company of Colorado (PSCo), an Xcel Energy company, will purchase two of Calpine’s power plants near Denver. The plants currently provide electricity to the utility under power purchase agreements.

The $739 million acquisition stems from an offer by Calpine into a competitive bid process that was part of Xcel Energy’s 2007 Colorado Resource Plan, and was the least cost option among many bids for needed generating resources. The agreement is dependent on regulatory agency approval.

The plants to be purchased are the 621 MW Rocky Mountain Energy Center, located near Hudson, Colo., which began commercial operation in 2004 and produces electricity using combined-cycle technology, and the 310 MW simple-cycle Blue Spruce Energy Center, located in Aurora, Colo., which began operation in 2003.

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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs