Paul Hastings Advises Constellation Energy in Winning Bid to Acquire Gas Plant in Alabama

February 07, 2008

Paul Hastings Advises Constellation Energy in Winning Bid to Acquire Gas Plant in Alabama

New York, NY (February 07, 2008) Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced today that the firm advised Constellation Energy in its winning bid to acquire Calpine Corporations Hillabee Energy Center, a partially completed gas-fired power project near Alexander City, Alabama. The transaction is valued at approximately $155 million.

New York partner Jonathan Birenbaum led the Paul Hastings team.

About Constellation Energy: A Fortune 125 company, Constellation Energy is the nations largest competitive supplier of electricity to large commercial and industrial customers and the nations largest wholesale power seller.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,200 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in capital markets, finance and restructuring, intellectual property, international arbitration and dispute resolution, investment management, labor and employment, mergers and acquisitions, private equity, product liability, project finance, real estate, securities litigation and tax advisory services. For additional information, please visit our website at www.paulhastings.com.