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Mankato Power Center Proceeds with Expansion amid Ownership Change

Mankato Power Center Proceeds with Expansion amid Ownership Change

SUGAR LAND--September 2, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--A 345-megawatt (MW) expansion of the Mankato Energy Center in Minnesota is under development, but it will be in the hands of a new owner. Southern Company (NYSE:SO) (Atlanta, Georgia) subsidiary Southern Power will buy the power center for $395.5 million from Calpine Corporation (NYSE:CPN) (Houston, Texas), the companies announced Thursday.

Within this article: Details of the Mankato Energy Center expansion project. Additional companies: Xcel Energy Incorporated (NYSE:XEL)