News
LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Calpine to Acquire 1,050-MW Power Plant in Texas
LCG, December 3, 2013--Calpine Corporation announced yesterday that it agreed to purchase a 1,050-MW, combined-cycle power plant for $625 million, exclusive of adjustments relating to development rights and working capital, from MinnTex Power Holdings, LLC, a portfolio company owned by a private investment fund managed by Wayzata Investment Partners LLC. The natural gas-fired electric generating facility is located approximately 30 miles northeast of San Antonio, Texas.
The Guadalupe facility is located on a 110-acre site and includes two 525-MW generation blocks. Each block includes two GE 7FA combustion turbines, two heat recovery steam generators (HRSGs), and one GE steam turbine. The acquisition includes rights to an advanced development opportunity for an approximately 400 MW quick-start, natural gas-fired peaking facilities.
Calpine's Chief Executive Officer stated, "Guadalupe is an exceptional plant with an outstanding performance record that meets Calpine's high standards for operational excellence. We strongly believe in the potential of the Texas market as electric demand increases and reserve margins tighten. Acquiring this modern, flexible and efficient plant in ERCOT's south zone at a discount to replacement cost furthers our strategic objectives in this key market. The Guadalupe acquisition exemplifies our commitment to making disciplined capital allocation decisions that will enhance shareholder value."
Calpine is targeting a transaction close in the first quarter of 2014.
The facility was a 50-50 joint venture between Panda Energy International and PSEG Americas, and the EPC was Duke/Fluor Daniel. The project commenced operations in 2001. MinnTex Power Holdings acquired the facility on March 4, 2011 for approximately $351 million.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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