The Van Alstyne Energy Center Power Plant is 549MW gas fired power project. It is planned in Texas, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 549 | – | 549 | Permitting | Texas, the US | Navasota Energy Services; Quantum Utility Generation |
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Description
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The project is being developed by Navasota Energy Services and Quantum Utility Generation. The project is currently owned by Quantum Utility Generation.
It is a gas turbine power plant.
The project cost is expected to be around $764.977m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
Contractors Involved
GE Power will be the turbine supplier for the Gas fired project. The company is expected to provide 3 units of 7FA.04 gas turbines, each with 183MW nameplate capacity.
About Navasota Energy Services
Navasota Energy Services LLC (Navasota Energy), formerly Navasota Energy Partners LP is a power company that develops, builds and operates power generation projects. The company operates in various business areas such as natural gas generation, renewable energy generation and enterprise and asset management. Its services comprise suite of acquisition, divestiture, development, construction and engineering oversight, financial and asset management services. The company offers accounting, budgeting and financial forecasting in compliance with debt covenants. It operates in West Texas and the Texas Coast. Navasota Energy is headquartered in Magnolia, Texas, the US.
About Quantum Utility Generation
Quantum Utility Generation LLC (QUG) is an electric utility that acquires, develops, operates and optimizes power generation assets in the Americas. The utility generates electricity from various sources such as wind, coal and natural gas-based power generation plants. It also produces electricity through thermal assets and from renewable energy projects. QUG carries out the business of acquisition, development, operations, management, financing, and economic optimization of conventional, renewable energy assets, and others. The utility caters residential, commercial, industrial customers, and others. QUG is headquartered in Houston, Texas, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
