Calpine Corp. of San Jose, CA, plans to invest $750 million ingeneration to serve Florida’s wholesale power market. The companywill manage its southeastern activities from a new office to beopened in Tampa. Calpine will develop two gas-fired energy centers,including the 1,080 MW Blue Heron Energy Center, to be located inIndian River County outside Vero Beach, and the 540 MW OspreyEnergy Center, to be located in the Auburndale adjacent toCalpine’s existing power facility. Together, the proposed energycenters will produce enough electricity to power nearly two millionFlorida households. The Blue Heron Energy Center will produce up to1,080 MW of electricity and represents an investment ofapproximately $500 million. The $250 million Osprey Energy Centeris designed to generate 540 MW . Construction is planned for 2001,with the Osprey project slated for operation in early 2003, andBlue Heron in mid-2003.
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