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NextEra Energy Completes Purchase from Southern Company of Ownership Interests in Two Florida Power Plants

LCG, December 5, 2018--NextEra Energy announced yesterday that it completed the acquisition of Southern Company's indirect ownership interests in the Stanton and Oleander natural gas power plants in Florida. The acquisition was previously announced in May of this year.

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Emera to Sell Three Combined-Cycle Power Plants in New England

LCG, November 29, 2018 --Emera Inc., headquartered in Halifax, Nova Scotia, announced this week that it has agreed to sell three natural gas-fired electric generating facilities that it owns in New England to the investment firm Carlyle Group for $590 million. The combined electric generating capacity of the three facilities is approximately 1,100 MW. The acquisition is expected to close in first quarter 2019.

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Industry News

Calpine Begins Building Florida Power Plant

LCG, Nov. 14, 2001--Calpine Corp. said yesterday that full-scale construction efforts are under way for the 530 megawatt Osprey Energy Center located at Calpine's Auburndale Energy Campus in Auburndale, Fla.

First energy centers and now energy campuses -- power plants are no longer so dirty they need euphemisms, but neither are they places with ivy-covered walls. The word "campus" has survived since Ancient English as meaning a place of education. Let's call a powerhouse a powerhouse.

But back to the campus at Auburndale.

Bob Alff, senior vice president and head of Calpine's eastern region, said, "Our Osprey Energy Center has the distinction of being the first combined-cycle generating project to be built by an independent power producer under the state's strict Power Plant Siting Act. The facility is now well on its way toward being an important part of Florida's energy future."

The new plant, which is expected to enter commercial operation in late 2003, is being built adjacent to a 150 megawatt cogeneration plant owned by Calpine. The capacity of Auburndale is, itself, being expanded by the addition of a 115 megawatt simple-cycle peaking unit that will be in service next year.

Alff enthused "What we now refer to as our Auburndale Energy Campus is unique in our industry, with cogeneration, peaking and combined-cycle technology all at one location. It will remain a showcase for advanced power generation technology for many years to come, as well as creating a strong foothold for our continued development efforts in Florida."

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