WATERFLOW, N.M.--(BUSINESS WIRE)--For the release dated April 7, 2015, in the Western Energy Partners, LLC boilerplate the hyperlink should be www.westernenergypartnersllc.com (instead of www.wepllc.com)
The corrected release reads:
WESTERN ENERGY PARTNERS UNVEILS PLANS FOR INNOVATIVE POWER GENERATION PROJECT IN SAN JUAN COUNTY NEW MEXICO
Clean Path Energy Center Combines a State-of-the-Art Natural Gas Fueled Unit and an Advanced Solar Photovoltaic Array in a First of Its Kind Power Project in the Four Corners Region
Western Energy Partners, LLC (Western Energy Partners), a Colorado-based energy development company, announced its intention to move forward with plans to develop, permit, construct and operate a unique and innovative 750 megawatt (MW) electricity generation project located on privately owned land near Waterflow, NM.
The Clean Path Energy Center LLC (Clean Path Energy Center) will help fill an urgent and growing need that is being created by the announced retirement of aging coal-fueled power plants located in the Four Corners and Desert Southwest region.
The state-of-the-art Clean Path Energy Center will consist of a 680 MW clean-fueled natural gas combined cycle power plant co-located with an advanced 70 MW solar photovoltaic (PV) project to create a first of its kind electricity generation system in the region.
“The Clean Path Energy Center is ideally located to take full advantage of the robust natural gas and electrical infrastructure in San Juan County. This uniquely configured project will feature unprecedented operating efficiencies, exceptionally fast ramping rates and will establish new standards for environmental stewardship. Further, the Clean Path Energy Center is ideally positioned to meet the future electrical needs of consumers in a highly economic and sustainable manner for many years to come,” said Curt Hildebrand, President of Western Energy Partners.
The Clean Path Energy Center is very pleased to have earned the enthusiastic support of the San Juan County Commission who has issued a letter endorsing the project.
“The Commissioners consider this project to be a tremendous opportunity for San Juan County to proactively address the dramatic impact that the retirement of the region’s aging coal plants will have on our local economy and tax base,” said San Juan County Commission Chairman Keith Johns.
“By combining a state-of-the-art clean burning natural gas generator and an advanced PV solar array to produce electricity, the Clean Path Energy Center continues the process of establishing San Juan County and the Four Corners region as an environmentally-responsible source of energy for the west,” stated San Juan County Executive Officer Dr. Kim J. Carpenter.
“The Clean Path Energy Center project is designed to take full advantage of the recent and dramatic technological advances in modern gas turbine and solar PV technologies. The 680 MW combined cycle plant will be capable of providing baseload generation around the clock in an exceptionally efficient and flexible manner, thereby enhancing the viability of intermittent renewable technology in the region. Additionally, the renewable 70 MW Solar PV power block will be capable of providing additional renewable peaking generation capacity that is critical during times of higher system loads,” Hildebrand concluded.
The Clean Path Energy Center will create approximately 800 jobs during the peak construction phase and 30 full-time family-wage positions when is operational. Completion of the project is expected in mid-2019.
Western Energy Partners, LLC is pleased to be partnering with two industry-leading firms to provide engineering, construction and financial resources for the project. SNC-Lavalin Inc., a Montreal-based Engineering and Construction company, will serve as the Engineering, Construction and Procurement (EPC) contractor for the project’s combined cycle power block and support project development. Stonepeak Partners, LP, a New York-based private equity firm with over $1.7 billion in capital currently under management, will also be providing project development support. The project will be funded by both partners. More information on each firm can be found below.
Western Energy Partners, LLC
At Western Energy Partners, our mission is to successfully develop and
implement environmentally responsible, customer-oriented energy
solutions to help meet the rapidly changing needs of power providers and
customers in the Western United States. With a combined 140 years of
experience in the energy industry, the team at Western Energy Partners
is uniquely experienced and highly qualified to site, develop, finance
and construct financially sound power plant projects. The Western Energy
Partners team has collectively served in lead management roles in the
successful development and construction of over 7,000 MWs of profitable
new power projects.
Founded in 1911, SNC-Lavalin is one of the leading engineering and
construction groups in the world and a major player in the ownership of
infrastructure. From offices in over 50 countries, SNC-Lavalin’s
employees provide EPC and EPCM services to clients in a variety of
industry sectors, including mining and metallurgy, oil and gas,
environment and water, infrastructure and clean power. SNC-Lavalin can
also combine these services with its financing and operations and
maintenance capabilities to provide complete end-to-end project
Stonepeak Infrastructure Partners
Stonepeak Infrastructure Partners is an independent infrastructure
investment firm specializing in North American middle-market
infrastructure assets. Stonepeak takes a conservative yet opportunistic
approach to investing in businesses comprised of hard assets with
leading market positions primarily in the following sectors: Power and
Renewables, Utilities, Water, Transportation, Energy, and
Communications. Stonepeak is led by seasoned infrastructure investing
professionals, supplemented by six operating partners that are industry
veterans with deep experience building and managing infrastructure
businesses, including multiple former chief executives of publicly
listed companies. Stonepeak is based in New York and manages over $1.7
billion of capital for its investors.