Gregory Power Partners Project Summary
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| Project Name: |
Gregory Power Partners Cogeneration Project |
| Location: |
Corpus Christi, Texas USA |
| Project Description: |
550
MW (equivalent) natural gas-fired cogeneration project |
| Owner: |
Gregory Power Partners, L.P. |
| Power Sales: |
Dynegy and spot market sales |
| Steam Sales: |
BPU Reynolds (Sherwin Aluminum Plant) |
| Technology: |
General Electric Frame 7FA combined cycle cogeneration configuration |
| Fuel Supply: |
Project purchases natural gas through a
blend of short-term and long-term purchase agreements |
|
Lender: |
ING-Barings,
as Agent Bank |
| Operations and Maintenance: |
Delta Power Services |
|
Asset Manager: |
Delta Power Company |
| Transaction Description: |
Javelin Energy, LLC, a partnership among
Arclight Capital Partners, Delta Power Company and John Hancock
Financial Services, acquired a 50% interest in Gregory from Columbia
Electric Corporation in December 2000. In December 2004 Javelin Energy
acquired the remaining 50% interest from LGE Energy. |
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