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Calpine gets state approval for plant

September 27, 2007|From Times Wire Services

Troubled power producer Calpine Corp. said it received final approval from California to build a 600-megawatt plant in the state.

The natural-gas-fueled plant will be in Hayward and will provide power to utility Pacific Gas & Electric Co., San Jose-based Calpine said.

Calpine aims to emerge from Bankruptcy Court protection by Jan. 31.

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