NEW TEMPLE POWER PLANT RECEIVES FINANCING

by admin

TEMPLE — Panda Temple Power has completed the financing for a planned, 758-megawatt power plant, located on a 250-acre site at the Synergy Industrial Park in Temple. The property, known as the Temple Generating Station, is slated to become operational by the end of 2014. The new plant is expected to contribute up to $1.6 billion in the first 10 years of operation and add about 700-800 jobs. Panda Power Funds and other financial institutions provided equity financing. Bechtel and Siemens Energy have been selected to build the generation facility.

You may also like