M&A Deal Summary

Public Service Company of Colorado Acquires Blue Spruce Energy Center

On December 6, 2010, Public Service Company of Colorado acquired utilities company Blue Spruce Energy Center from Calpine

Acquisition Highlights
  • This is Public Service Company of Colorado’s 1st transaction in the Utilities sector.
  • This is Public Service Company of Colorado’s 2nd transaction in the United States.
  • This is Public Service Company of Colorado’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2010-12-06
Target Blue Spruce Energy Center
Sector Utilities
Buyer(s) Public Service Company of Colorado
Sellers(s) Calpine
Deal Type Divestiture

Target

Blue Spruce Energy Center

Aurora, Colorado, United States
Blue Spruce Energy Center, LLC operates 310 megawatt simple cycle, natural gas fired power plant.

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Buyer(S) 1

Buyer

Public Service Company of Colorado

Denver,, Colorado, United States

Category Company
Founded 1869
Sector Utilities
Employees2,690
DESCRIPTION

Public Service Company of Colorado, together with its subsidiaries, generates, purchases, transmits, distributes, and sells electricity in Colorado.


DEAL STATS #
Overall 2 of 2
Sector: Utilities M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Colorado M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-06 Rocky Mountain Energy Center

Keenesburg,, Colorado, United States

Rocky Mountain Energy Center LLC is a 621 megawatt combined cycle, natural gas fired power plant.

Buy -

Seller(S) 1

SELLER

Calpine

Houston, Texas, United States

Category Company
Founded 1984
Sector Utilities
Employees2,209
Revenue 6.5B USD (2015)
DESCRIPTION

Calpine is a generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Calpine was founded in 1984 and is based in Houston, Texas.


DEAL STATS #
Overall 7 of 13
Sector: Utilities M&A 2 of 3
Type: Divestiture M&A Deals 6 of 11
State: Colorado M&A 2 of 2
Country: United States M&A 7 of 12
Year: 2010 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-06 Rocky Mountain Energy Center

Keenesburg,, Colorado, United States

Rocky Mountain Energy Center LLC is a 621 megawatt combined cycle, natural gas fired power plant.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-26 Greenfield Energy Centre

Toronto, Ontario, Canada

Greenfield Energy Centre is a natural gas-fired combined-cycle electric generating facility with a capacity of approximately 300 MW located in St. Clair Township, Ontario.

Sell -