NewsMV
A definitive $860 million agreement delivers Constellation's 606MW Brazos Valley Energy Center to LS Power, closing out the final required asset sale tied to Constellation's Calpine acquisition.
The deal is gated on US Department of Justice approval and other customary conditions, with both sides targeting completion before the end of the year.
The regulatory backstory The Brazos Valley plant is a natural gas-fired combined-cycle facility near Houston, operating within the Electric Reliability Council of Texas power market.
Previously named the Jack Fusco Energy Center, it satisfies the last outstanding regulatory commitment Constellation agreed to when it acquired Calpine.
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