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California regulators gave San Jose, CA-based Calpine Corp. andits partner, San Francisco-based Bechtel Enterprises, the okay tobuild a $450 million, 880 MW natural gas-fired power plant, theDelta Energy Center, near the Dow Chemical facility in Pittsburg,CA, an industrial town in the East San Francisco Bay area.Construction is expected to get under way this summer, bringing tothree the number of merchant plants approved by Californiaauthorities, all involving Calpine.

Aquila Energy sold to San Jose-based Calpine Corp. a 50%interest in its 600 MW gas-fired, combined-cycle Aries power plantnow under construction in Pleasant Hill, MO. Under the agreementMerchant Energy Partners, an Aquila subsidiary, will manage thefuel supply for the plant as well as all the power produced by theplant. Calpine will oversee construction, operation andmaintenance.

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.

San Jose, CA-based independent power producer Calpine Corp. madea major investment in upstream gas supply for its current andfuture gas-fired power plants in California. The company bought 90Bcf of proven gas reserves in the Sacramento Basin from VintagePetroleum for $71.5 million. The transaction will make Calpine thelargest gas producer in the basin, raising its production to 43MMcf/d. The Vintage reserves currently produce 14.3 MMcf/d.

San Jose, CA-based independent power producer Calpine Corp. madea major investment in upstream gas supply for its current andfuture gas-fired power plants in California yesterday. The companybought 90 Bcf of proven gas reserves in the Sacramento Basin fromVintage Petroleum for $71.5 million. The transaction will makeCalpine the largest gas producer in the basin, raising itsproduction to 43 MMcf/d. The Vintage reserves currently produce14.3 MMcf/d.

Independent power company Calpine Corp. of San Jose, CA,completed its acquisition of 80% of Cogeneration Corp. of America’s(CGCA) common stock for about $146 million. The deal growsCalpine’s gas-fired power production by 20% to 2,476 net megawattsof capacity.

Independent power company Calpine Corp. of San Jose, CA,completed its acquisition of 80% Cogeneration Corp. of America’s(CGCA) common stock for about $146 million. The deal growsCalpine’s gas-fired power production by 20% to 2,476 net megawattsof capacity.

One of the nation’s fastest growing nonutility power plantdeveloper/operators, Calpine Corp., San Jose, CA, is taking ahands-on approach to building a diversified natural gas portfolioto fuel what it eventually hopes is a network of highly efficient,environmentally clean combined-cycle power plants with a collectivecapacity of 25,000 megawatts.

Calpine Corp. of San Jose, CA, acquired the rights to build, ownand operate a 545-MW gas-fired power plant in Ontelaunee Townshipin eastern Pennsylvania. The proposed Ontelaunee Energy Center willserve users throughout the Pennsylvania-New Jersey-Maryland (PJM)power pool. Permitting for the proposed $285 million facility isnow underway, with construction scheduled to begin in early 2000.The plant, which is scheduled to start production in late 2001,will burn 85,000 to 90,000 MMBtu of gas per day.