Global law firm White & Case LLP represented Calpine Corporation in its US$432 million purchase of a 800-megawatt power plant from Bosque Power Co., LLC. The natural gas-fired, combined-cycle plant is located in Central Texas near the unincorporated community of Laguna Park in Bosque County.
The transaction is slated to close in early November and Calpine will rename the plant Calpine Bosque Energy Center.
Calpine Corporation is the largest independent power producer in the US, with a fleet of 93 power generation plants representing more than 28,000 megawatts of generation capacity. Last year, Calpine plants generated more than 94 million megawatt hours of power for wholesale customers in 20 states throughout the US and Canada.
White & Case partner Michael Shenberg (M&A) lead the deal with assistance from partner Bill Dantzler (Tax), counsel Steven Lutt (M&A) and associates Ipek Candan Snyder (M&A), Kellie Morton (M&A) and Sara Westin (M&A) and Isaac Tendler (Tax) all of the Firm’s New York office.
