Panda Energy adds 11th power project to development roster

Panda Energy International Inc., Dallas, announced last week plans to construct a 1,000-Mw power plant near New Florence, Mo., 65 miles west of St. Louis. The company will begin building the gas-fired, combined-cycle Panda Montgomery Power LP plant in summer 2002, with commercial operation scheduled for late 2003.

Panda is a privately held, nonregulated electric generation company. The Montgomery plant is Panda's 11th project in its power plant lineup and brings its total amount of electric generation capacity in development in the US to 17 Gw. It also marks Panda's entry into the MAIN grid, which covers portions of Illinois, Missouri, Wisconsin, and Michigan.

The company is developing other facilities near Coweta, Okla.; Gila Bend, Ariz.; El Dorado, Ark.; Allentown, Pa.; Culluden, W.Va.; and Port St. Lucie and Leesburg, Fla. Construction is under way on 1,000-Mw plants in Paris, Marion, and Odessa, Texas. Panda also operates plants in Roanoke Rapids, NC, and Brandywine, Md.