Calpine buys $432M power plant in Bosque County

BOSQUE COUNTY – Calpine Corp. announced it will buy a natural gas-fired power plant in Texas for about $432 million. Calpine is buying the 800-megawatt plant near Laguna Park in central Texas from Bosque Power Co. LLC.

The 280-acre facility includes a 250-megawatt unit with one natural-gas turbine that went into operation in 2001 and a 550-megawatt unit with two gas turbines that started running in 2000.

The deal is expected to close in early November.