Cleburne Cogeneration Project Summary
 |
| Project Name: |
Cleburne Cogeneration Project |
| Location: |
Cleburne, Texas USA |
| Project Description: |
263
MW natural gas-fired cogeneration project |
| Owner: |
Ponderosa Pine Energy, LLC |
| Power Sales: |
Brazos Electric Corporation |
| Steam Sales: |
City of Cleburne, Texas |
| Technology: |
Westinghouse Frame 501 |
| Fuel Supply: |
Project purchases natural gas through a
long-term purchase agreement |
|
Lender: |
JP
Morgan Chase, as Agent Bank |
| Project Acquisition
Financing: |
John Hancock Life Insurance Company and
K.B.C. Bank as Agent Bank |
| Operations and Maintenance: |
North American Energy Services |
| Transaction Description: |
Ponderosa Pine Energy, LLC, a wholly
owned subsidiary of Delta Power Company, acquired GP & LP interest
representing 90% of the ownership interest in the project. |
|
Closing: |
June
2000 |
 |
