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Starwood Energy to buy two power plants from Calpine

  • Region:

    United States of America

  • Sector:

    Energy

  • Deal Size:

  • Buy Side Company:

    Starwood Energy Group Global LLC
  • Sell Side Company:

    Calpine Corporation
  • Target Company:

Private investment firm Starwood Energy Group Global LLC has agreed to acquire two power plants from Calpine Corporation, PE Hub reported. Financial terms of the transaction were not announced. The two-asset portfolio consists of Garrison Energy Center, a 325MW combined cycle plant located in Delaware, and RockGen Energy Center, a 503MW peaker located in Wisconsin. King & Spalding LLP served as legal counsel to Starwood on the transaction and White & Case served as legal counsel to Calpine.

Tags:

PE Deals,PE deals, Private Equity