Power
Pio Pico Energy Center Begins Commercial Operations in California
The Pio Pico Energy Center began commercial operations last month.
Released Wednesday, December 14, 2016
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Researched by Industrial Info Resources (Sugar Land, Texas)--The 300-megawatt (MW), natural gas-fired Pio Pico Energy Center, which is located Otay Mesa, California, began commercial operations last month following its completion by Apex Power Group, LLC.
The center uses GE LMS100 technology, and is capable of producing enough electricity to serve about 200,000 customers. It has flexible, quick-start capabilities.
Construction of the center began in March, 2015. The energy from the facility is sold to San Diego Gas & Electric under a long-term, 25-year power purchase agreement.
The project created hundreds of jobs at the peak of construction, and had a total investment value of $300 million. It engaged Kiewit Power Company, which is part of Kiewit Corporation (Omaha, Nebraska), as the general contractor. Apex Power Group recently sold the project to J.P. Morgan Asset Management, an asset of JPMorgan Chase & Co. (NYSE:JPM) (New York, New York). NAES Corporation (Issaquah, Washington) will be responsible for the operations and maintenance of the facility, which has 20 full-time positions.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
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