Wisconsin Power & Light Co. (WPL), a subsidiary of Alliant Energy Corp. (NYSE: LNT), has closed on the purchase of Riverside Energy Center LLC, which was owned by Calpine Corp (NYSE: CPN). The purchase price was approximately $400 million.
Riverside Energy Center LLC owned the Riverside Energy Center, a 600 MW combined-cycle natural gas-fired power plant in Wisconsin that began operations in 2004. WPL previously purchased 500 MW of capacity from the facility.
Read more gas-fired news