Panoche Energy Center is a 432MW gas fired power project. It is located in California, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in June 2009. Buy the profile here.
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Description
The project was developed by Energy Investors Funds and is currently owned by Panoche Energy Center with a stake of 100%.
It is a Gas Turbine power plant that is used for Peakload. The fuel is procured from Pacific Gas and Electric Company.
The project generated 711,630MWh of electricity.
Development status
The project got commissioned in June 2009.
Power purchase agreement
The power generated from the project is sold to Pacific Gas and Electric under a power purchase agreement for a period of 20 years. The contracted capacity is 432MW.
Contractors involved
Kiewit Engineering & Design was selected to render engineering procurement construction services for the gas fired power project.
GE Power was selected as the turbine supplier for the Gas fired project. The company provided 4 units of LMS100 gas turbines, each with 108MW nameplate capacity.
Brush Electrical Machines supplied BDAX98-330ER electric generator for the project.
Brush Electrical Machines supplied BDAX98-330ER electric generator for the project.
Ethosenergy (GBR) is the O&M contractor for thermal power project, commencing from the year 2009.
For more details on Panoche Energy Center, buy the profile here.
About Energy Investors Funds
Energy Investors Funds (EIF) is a private equity fund. It invests in independent power and electric utility companies. It has mobilized over $3.4 billion in capital and currently manages four private equity funds. It is the first private equity fund manager to raise a private equity power fund and then invest, recapitalize and liquidate assets of a fund. It has offices in Boston, San Francisco and New York. EIF Limited Partners has reached to 73 investors from a wide array of institutional, financial, and strategic investors, many of whom are repeat investors. The company is headquartered at Mill Valley in California, the US.
EIF and NTE Energy have formed EIF NTE Hybrid Renewable Energy, a joint venture (JV) created to develop, construct and operate large-scale hybrid renewable energy facilities throughout the US.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
