Achievements
    

ACHIEVEMENTS

 

From our early days as a pioneer in the merchant power business, and over the course of the last 25 years, Panda Energy has had more than its share of achievement and recognition. Our list of accomplishments include:
 
  • Recognition by Newsweek Magazine as being one of the ten most eco-friendly energy companies             in America.

  • The successful development, financing and construction of ten power plants representing more than 9,000 MW of greenfield electric capacity at a total financed cost of more than five billion dollars.

  • Financing, constructing and operating the first $100 million         U.S.-sponsored, run-of-the-river hydroelectric project in Nepal. 

  • Obtaining the first U.S. capital markets financing for construction of a power plant in China. 

  • Helping to save the Sparta underground aquifer in Union County, Arkansas from irreparable damage from over production. Panda Energy designed, financed and constructed a 65 million gallon-per-day river water intake structure, clarification facility and 48-inch transportation pipeline, at a cost of $50 million — then, in a model for public and private partnerships, transferred its ownership and operation to the Union County Water Conservation Board. 

  • Designing, siting, financing and simultaneously constructing the two largest gas-fired merchant electric generation facilities in the United States totaling 4,400 MW and $2.8 billion in financing with more than 4,000 workers onsite at peak construction.

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