Technology Combined Cycle Gas Turbine
Structure Revenue Put
Capacity 750 MW
Closed Jun 2012
Location ERCOT
Engagement Type Late Stage Development
Transactions

750 MW Greenfield CCGT in ERCOT North

Structured and executed Revenue Put transactions in support of financing for Panda’s 750 MW Temple 1 CCGT project located in ERCOT North. This was the first instance where a Revenue Put hedge was deployed in a project finance transaction in the North American power markets. Closed June 2012.