Energy company flips switch on second natural gas power plant in Pa

Publish Date:

Thursday, November 17, 2016 10:12 am CST

News Organization:

Penn Live, Central Pennsylvania

Source URL:

By Nick Malawskey | nmalawskey@pennlive.com

Energy producer Panda Power Funds has commissioned it's second natural gas-fueled power plant in Pennsylvania this fall.

On Wednesday the company commissioned its Patriot Power Project in Lycoming County, near Williamsport. In October the company brought online it's Liberty Power Project in Bradford County.

Combined, the two natural gas power projects – designed to use Marcellus Shale gas – are able to generate enough electricity to power about two million households, the company said in a news release.

The company said in that according to an economic impact study the Panda Patriot plant will contribute an estimated $5.85 billion to the area's economy in the now-past construction phase and the facility's first 10 years of operation. More than 1,000 jobs were created to construct the Patriot power plant with approximately 650 at peak construction. Twenty-seven full-time employees currently operate the facility, and forty-five indirect jobs are expected to be created within the community to support the plant during operations.

MEDIA CONTACT

Bill Pentak, Vice President, Investor

Relations and Public Affairs

Panda Power Funds

5001 Spring Valley Road

Suite 1150 West

Dallas, Texas 75244

(972) 361-2000

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