Calpine completed the acquisition of a natural gas-fired, combined-cycle power plant located in Guadalupe County, 30 miles northeast of San Antonio, Texas, in ERCOT's south zone. Calpine purchased the plant, which has a generating capacity of 1,050 MW, from MinnTex Power Holdings (a portfolio company owned by a private investment fund managed by Wayzata Investment Partners) for $625 million plus adjustments. Guadalupe Energy Center is located on a 110-acre site and includes two 525 MW generation blocks, each consisting of two GE 7FA combustion turbines, two heat recovery steam generators and one GE steam turbine.
