500 mcm (or 500kcmil) conductors are used for 400 amp 480v single phase or 3 phase systems. The wire AND THE TERMINALS must be rated for 90o Celsius.
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500mcm 37 strand copper wire = 1.544lbs/ft.
I = W/E, 18500/400 = amps
A 500 MCM wire with an insulation factor of 90 degrees C is rated at 430. Most 400 amp services will use parallel wires on each leg to feed the circuit. A 3/0 wire with an insulation factor of 75 and 90 degrees C is rated at 200 and 225 amps respectively. The insulation rating of these conductors will be 600 volts.
A #4 copper conductor will limit the voltage drop to 3% or less when supplying 25 amps for 400 feet on a 120 volt system.
Generators are rated in volt-amps (va) and may also have a wattage rating. In most practical applications volt-amps and watts are the same. At 240v single phase, 400 amps is 96000 volt-amps, or 96kva. I would be looking for a 100 kva generator. This is a large generator if you are considering it for your home. In most situations you identify critical circuits and place only these on the generator through a transfer switch. This allows for a much smaller generator.