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Energy Investors Funds Invests $400 Million in California Independent Power Plants

Designed as peaking facilities to meet electric generation during periods of high demand and occupying thirteen acres, the Panoche plant is a 400-megawatt...

Released Wednesday, December 27, 2006

Energy Investors Funds Invests $400 Million in California Independent Power Plants

Researched by Industrial Info Resources (Sugar Land, Texas). Dedicated to the independent power and electric utility industry, Energy Investors Funds, a private equity power fund manager, is investing approximately $400 million towards the proposed Bullard and Panoche Energy Power plants to be located in Fresno County, California.

Designed as peaking facilities to meet electric generation during periods of high demand and occupying thirteen acres, the Panoche plant is a 400-megawatt (MW) simple cycle natural gas-fired facility consisting of four 100 MW General Electric LMS100 combustion turbines. The Bullard plant includes two 100 MW General Electric LMS100 combustion turbines with auxiliary equipment. Both plants will include inlet air filters with evaporate coolers, mechanical draft cooling tower, circulating pumps, and gas compressors.

Air emissions at both plants will be controlled using the best available control technology such as the selective catalytic reduction (SCR) system to reduce nitrogen dioxide (NOx) and water treatment system.

Bibb & Associates, Incorporated (Lenexa, Kansas) has been selected to provide engineering services for the projects.

Construction is scheduled for kick off in the spring of 2008 at both sites, with completion in mid-2009.

Energy Investors Funds is 100% management-owned. The company targets investment in generation, transmission, and energy service assets.

View Plant Profile – 1069254 1069264
View Project Report – 06004839 06004845

Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.
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