May 16, 2001 |
Calpine Corp. said Tuesday that it will build a $500-million power plant in Michigan and buy two plants in Canada to boost electricity sales. Calpine will build a plant in Berrien County, Mich., about 60 miles northeast of Chicago, near high-capacity transmission lines and natural gas pipelines needed to fuel it. The San Jose-based company said the 1,030-megawatt plant will begin operation in 2004. The company also agreed to buy Westcoast Energy Inc.'