Bechtel said Nov. 8 that construction is underway on a 758-MW natural gas-fueled, combined-cycle power plant in Sherman, Texas.
The company, along with Siemens, is designing and building the project for Panda Sherman Power LLC, an affiliate of Panda Power Funds. Engineering, procurement, and manufacturing activities for the project are already underway. The project will support up to 800 jobs during peak construction and will use local companies to provide services such as surveying, concrete pumping, and earthwork.
“Bechtel is proud to be calling on the expertise of local workers and suppliers to help support this important project,” said Jeff Brightman, president of Bechtel’s fossil business line.
Using the most advanced emissions-control technology, the plant will be one of the most efficient natural gas-fueled plants in the nation. Commercial operations are expected to begin in 2014.
Bechtel and Siemens are also the engineering, procurement, and construction contractor for Panda Power Funds’ Panda Temple Generating Station. That 758-MW natural gas-fueled combined-cycle plant is being built in Temple, Texas, and commercial operations are expected to begin in 2014.
Founded in 2010, Panda Power Funds is a private equity firm located in Dallas, Texas, which has the ability to internally source and develop, acquire, invest in, and operate large-scale, natural gas-fueled power facilities. The company also recently built a utility-scale, 20-MW solar farm in Pilesgrove, N.J.