×

Calpine to buy Texas plant for $432 mln

Oct 4 (Reuters) - Calpine Corp , the largest U.S. independent power generator, said it will buy an 800-megawatt power plant in Texas from Bosque Power Co LLC for $432 million plus adjustments.

Calpine is expects to close the deal in early November and plans to fund the acquisition with cash on hand.

(Reporting by Sunayan Bhattacharjee in Bangalore; Editing by Sreejiraj Eluvangal)

((sunayan.bhattacharje@thomsonreuters.com, within U.S. +1 646223 8780, outside U.S. +91 80 4135 5800, Reuters Messaging: sunayan.bhattacharje.reuters.com@reuters.net))

Keywords: CALPINECORP ACQUISITION/