Harquahala Generating Station (1,092 MW, AZ) + La Paloma Generating Station (1,062 MW, CA) — natural gas fleet
Capital Power announced acquisition of La Paloma (1,062 MW CCGT, CA — 100% ownership) and Harquahala (1,092 MW CCGT, AZ — 50% via JV with BlackRock) on Nov 20, 2023, for combined ~$1.1B net. Separate closings: La Paloma Feb 9, 2024; Harquahala mid-Feb 2024.
$1.10B
Deal Value
2,154MW
Capacity
Other
Technology
AZ, CA
Location
Deal Details
- Deal Type
- Corporate M&A
- Buyer / Financier
- Capital Power
- Deal Value
- $1.1B
- Stage
- Operating
- ISO/RTO
- Western, CAISO
- Source
- Capital Power
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