Starwood Energy agrees to aquire Garrison Energy Center and RockGen Energy Center from Calpine
Starwood Energy Group has agreed to acquire two power plants from Calpine Corporation.
Calpine Corporation will sell its Garrison Energy Center, a 325 MW combined cycle plant located in Delaware, and RockGen Energy Center, a 503 MW peaker located in Wisconsin, projects to Starwood.
The Garrison Energy Center was completed in 2015 and is equipped with a highly efficient dual-fuel combustion facility. The RockGen Energy Center has been in operation since 2001.
The transaction is subjected to approvals of regulatory boards and is expected to close in mid-2019.
King & Spalding LLP served as legal counsel to Starwood while White & Case served as legal counsel to Calpine.
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