Wisconsin Energy (WEC) announced the sale of a gas-fired peaking power plant in Chicago.
WEC was paid $37 million for the 308-MW facility, and its contracts. This represents approximately $120/KW ... but WEC announced in its 8-K (WEC 8-K) that it would report a slight gain from the sale, meaning the plant is being sold at slightly better than WEC's investment (construction) cost in the plant.
Though not specified, I would guess that the plant's capacity is fully contracted-for (or close, at least). This would mean the plant's capacity and energy is not likely sold into the spot market, allowing for more value (as a percentage of construction value).
See also our previous articles on pricing points for power plant valuation: