Bethlehem power plant will change hands again to satisfy DOJ

BETHLEHEM, Pa.- A power plant in Bethlehem will soon be under new ownership again.

Calpine Corporation’s Bethlehem Energy Center is being sold to the New York City-based LS Power. The site is one of several being divested by Constellation Energy Corporation to satisfy regulatory commitments related to Constellation’s acquisition of Calpine.

Constellation completed its $26.6 billion purchase of Calpine from Energy Capital Partners (ECP) in January. The combined company is now the largest wholesale power generator in the United States…

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