星期一, 十月 19, 2020
Home PV Interview Hunton Energy Announces Letter of Intent with Goldman Sachs' Cogentrix Energy to...

Hunton Energy Announces Letter of Intent with Goldman Sachs' Cogentrix Energy to Finance Clean Energ

Hunton Energy announced today that it has signed a Letter of Intent with Cogentrix Energy, Inc., a wholly owned subsidiary of The Goldman Sachs Group, Inc., outlining Cogentrix's becoming the lead equity partner in the development of the Lockwood Project. The Lockwood Project is a large scale integrated gasification project in Fort Bend County, Texas. It is estimated to cost more than $2 billion, and consists of two phases with Phase One scheduled for an in-service date of 2011.
 
"We are excited about the prospects of becoming partners with Cogentrix," said R.O. Hunton, Chairman of Hunton Energy. "Cogentrix, with its power engineering and operations expertise, and Goldman Sachs, with its capital markets capabilities, have the wherewithal to do the entire deal."


Hunton Energy's Lockwood plant configuration provides a maximum of process flexibility including a significant level of CO2 capture capability. This innovation helps meet one of Hunton Energy's goals–environmental leadership in the communities they serve, such as Fort Bend County, home of the Lockwood plant.


For more information, including interviews, contact Robin Paoli at 713-523-7900 or rpaoli@mmihouston.com.


Hunton Energy is an Independent Power Producer focused on providing clean energy, and committed to serving local communities with policies that benefit residents and businesses economically as well as environmentally.


 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Apple data center in Denmark powered by 50 MW of solar

Apple has revealed that its data center in Viborg, Denmark, is now being powered by a 50 MW solar project under a long-term power...

Solar + storage experiment in Tampa Bay selected for Solar Energy Innovation Network project

An innovative solar + storage research project led by the Tampa Bay Regional Planning Council has been selected as a finalist for the Solar...

Chinese PV Industry Brief: 350 MW wind-solar project, 200 MW of floating PV

Longyuan Energy said this week that it has signed an agreement with the municipal authorities in Binzhou, Shandong province, to build 300 MW of solar...

IEEE creates education and credentialing program for interconnecting distributed resources to the grid

IEEE and the IEEE Standards Association (IEEE SA) announced the IEEE Std 1547-2018 Distributed Energy Resources (DER) Interconnection Commissioning: Education and Credentialing Program, a new...