Alstom will pay $242 million for the acquisition and will fund it through internal sources where it will be part of the Power Service Sector of Alstom.
Independent coverage of power generation since 1981
Calpine Corp subsidiary, Power Systems Mfg, a supplier of parts and low-Nox upgrade solutions for gas turbines, is to be sold to Alstom.
Alstom will pay $242 million for the acquisition and will fund it through internal sources where it will be part of the Power Service Sector of Alstom.