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Calpine Corporation
CPN has agreed to supply electric generation
capacity and power to American Electric Power Service Corporation
AEP,
as agent for Public Service Company of Oklahoma (PSO), from Calpine's Oneta
Energy Center (Oneta) from June 1, 2016, through May 31, 2031.
Under the contract, PSO will purchase 260 megawatts of Oneta's capacity,
energy and ancillary services. PSO will have the right to dispatch Oneta to
meet its energy needs up to the contracted capacity. Calpine secured the
contract through a competitive process resulting from a request for proposals
that PSO issued earlier this year.
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