E3 has the experience to make your natural gas project a success.
E3 has provided technical advice on more than 200 new and existing gas-fired power projects totaling more than 85,000 megawatts of capacity. Because our team members have an average of over 25 years of experience, we have worked on a variety of gas-fired power generation technologies over the years. Our project experience also includes heat recovery steam generation experience, and our experience with steam turbine generators includes several models provided by General Electric, Alstom, Mitsubishi, Siemens, and Westinghouse, among others.
Tenaska Westmoreland Energy Center, Westmoreland, Pennsylvania
E3 provides independent engineering services for state-of-the-art generating facility
E3 was retained by Tenaska Pennsylvania Partners, LLC to provide a due diligence review focused on technical and environmental aspects of the Project, primary agreements, and technical assumptions in the financial projections. The Project is a natural gas-fired combined cycle facility located in South Huntingdon Township, Westmoreland County, Pennsylvania and consists of two Mitsubishi Hitachi Power Systems Americas 501J CTGs, two Nooter/Eriksen HRSGs, one Siemens SST6-5000 STG, with a summer rated capacity of 925 MW. The Project will be connected to at least two major interstate pipelines with gas laterals ranging from four to six miles from the interstate pipelines to the project site. Water supply will be provided by the municipal county authority and supplied by a 13-mile pipeline. E3 is currently providing construction monitoring services.
Astoria Energy, Phases I & II, New York
E3 provides independent engineering services for largest natural-gas power plant in NYC
Phase I To address power shortages in and around New York City, the local utility, Consolidated Edison Company of New York Inc. executed a power purchase agreement with Astoria Energy, LLC. Astoria Energy agreed to construct the first of 500 megawatts (MW) of a planned 1,000 MW electric generating facility. The finance package of approximately $800MM was a refinancing of a prior Term B Loan transaction. Of note, the refinancing took place while the project was under construction. E3 provided independent engineering services in support of the underwriting of the financing and subsequent successful syndication of the loans. E3 also provided Astoria and its lenders construction monitoring services during construction and start-up of the project.
Phase II E3 served as the independent engineer on Phase II of the Astoria Project. E3’s scope of services included a review of the project’s technology, permitting requirements, construction plans and schedules, and economic analysis. Astoria won a 20-year power purchase deal with the New York Power Authority in July 2008. Construction of the plant was completed in the summer 2011 when Astoria began providing electrical power to New York Power Authority’s customers in the New York City metro-area. Financing for the deal attracted 13 financial institutions, including Energy Investors Funds, SNC-Lavalin, Credit Agricole, and Natixis, among others. E3 provided construction monitoring service for this Project.
Pio Pico Energy Center, California
E3 provides independent engineering services for peaking project
E3 served as the independent engineer in support of project financing for the Pio Pico Energy Center (PPEC) is indirectly owned by United States Power Fund III, LP, a private equity fund managed by ARES EIF Group with the development of the Project being managed by Apex Power Group, LLC on behalf of PPEC. The Project is a nominally rated 310 MW natural gas-fired simple cycle facility incorporating three GE LMS100 combustion turbine generators located in an unincorporated area of San Diego County just north of the Mexican Border. The E3 team was led by Ginger Elbaum, E3’s director of operations; E3 is currently providing construction monitoring services. Pio Pico was named the North American Power Bond Deal of the Year 2015 by IJ Global Magazine.