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Brazos Valley Energy Center
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Constellation to sell 606MW Brazos Valley gas plant for $860m as LS Power deepens ERCOT bet
LS Power is paying $860 million for Constellation Energy’s 606MW Brazos Valley Energy Center near Houston, completing the final plant sale required by the Calpine antitrust settlement. The price highlights the scarcity value of existing dispatchable generation in ERCOT, but the buyer will still depend on volatile Texas power-market economics to justify the investment.