M&A Deal Summary

Public Service Company of Colorado Acquires Rocky Mountain Energy Center

On December 6, 2010, Public Service Company of Colorado acquired renewable energy company Rocky Mountain Energy Center from Calpine

Acquisition Highlights
  • This is Public Service Company of Colorado’s 1st transaction in the Renewable Energy 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 Rocky Mountain Energy Center
Sector Renewable Energy
Buyer(s) Public Service Company of Colorado
Sellers(s) Calpine
Deal Type Divestiture

Target

Rocky Mountain Energy Center

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

Search 201,839 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 (Renewable Energy) 1 of 1
Type (Divestiture) 2 of 2
State (Colorado) 2 of 2
Country (United States) 2 of 2
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-06 Blue Spruce Energy Center

Aurora, Colorado, United States

Blue Spruce Energy Center, LLC operates 310 megawatt simple 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 Corporation is America’s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Company fleet of 80 power plants in operation or under construction represents approximately 26,000 megawatts of generation capacity. Through wholesale power operations and retail businesses Calpine Energy Solutions and Champion Energy, Company serve customers in 25 states, Canada and Mexico. Calpine clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. Company are uniquely positioned to benefit from the secular trends affecting our industry, including the abundant and affordable supply of clean natural gas, environmental regulation, aging power generation infrastructure and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid.


DEAL STATS #
Overall 7 of 13
Sector (Renewable Energy) 3 of 8
Type (Divestiture) 6 of 11
State (Colorado) 2 of 2
Country (United States) 7 of 12
Year (2010) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-06 Blue Spruce Energy Center

Aurora, Colorado, United States

Blue Spruce Energy Center, LLC operates 310 megawatt simple 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 -