Northland Power adds another US joint venture partner to its program

Chicago, Illinois, March 27, 2001 — Northland Power Inc., an independent power company, announced today that it has signed another joint venture partner, Midwest Power, LLC, to co-develop specific power projects in the United States.

Midwest Power, LLC is an experienced IPP developer with offices in the suburbs of Chicago, Illinois and Portland, Oregon. One of Midwest Power's members has an affiliate, PCI Management and Consulting Company, who has power project-related engineering and construction management capabilities. The senior managers of Midwest Power have developed in excess of 3,000 MW of peaking and combined-cycle power plants in the United States and abroad.

Northland Power is actively involved in developing power projects that meet the growing demand for independent electrical power facilities in the United States and abroad. These projects use a variety of energy sources including natural gas, biomass, hydro, and wind power, and typically range from 40 to 250 MW.

"Today's restructuring of electricity markets here in the US and around the globe has increased the demand for mid-sized power generating projects that can reliably meet customers needs", said James Temerty, Chief Executive Officer, Northland Power. "Partners, such as Midwest Power, are critical to our Joint Venture Partnership program which develops successful customer-oriented independent power facilities."

Northland Power's Joint Venture Partnership (JVP) program is an innovative approach that converts business opportunities in today's restructuring of electricity markets into profitable power projects. The JVP program allows highly motivated players in the power industry to combine their local knowledge and expertise with Northland Power's experience, engineering and financial resources, and provides them with substantial rewards including a significant financial interest in successfully completed projects. Under the program, Northland Power's development partners take the lead role on the project's front-end development activities. Upon completion of initial development milestones, Northland Power takes primary responsibility for the project, providing financing and covering the cost of detailed project development and implementation.

Northland Power is working in six countries around the world with more than 20 entrepreneurs participating in the program at various stages. In the United States, Northland Power is currently working with three partners to identify feasible projects and plans to partner with more in 2001.

Additional information on the JVP program is available on Northland Power's website at www.northlandpower.ca. Interested entrepreneurs can address specific inquiries to jvp@northlandpower.com.

Northland Power has extensive experience in the development, design, finance, ownership, operation and maintenance of independent power projects. Headquartered in Toronto, Canada, Northland Power is actively engaged in developing new capacity in North America and internationally. In addition to its development activities, Northland Power is responsible for the operation and maintenance of more than 1,000 MW of electric power and thermal projects in Canada and abroad.

Sponsored by FLSmidth

Related Articles

PSEG Solar to acquire Maryland solar project from juwi

PSEG Solar Source will acquire a 12.9-MW solar energy facility near Waldorf, Maryland from juwi solar (JSI). The PSEG Waldorf Solar Energy Center will increase the capacity of PSEG Solar Source's portfolio to 123-MW.

Ameren Missouri plans $135M in energy efficiency

Missouri's largest electric company said Monday that it plans to invest $135 million in energy efficiency programs for customers over a three-year period.

Follow Power Engineering on Twitter
Latest News

PNM files ownership plan, coal supply deal with regulators

New Mexico's largest electric provider says it's on track to meeting a deadline for submittin...

Oklahoma attorney general challenges EPA's clean-air plan

A plan by the U.S. Environmental Protection Agency to reduce emissions from coal-fired power ...

Wave Energy Week will mix marine energy developers with traditional hydropower

Oregon Gov. Kate Brown, Democrat, has proclaimed “July 13-17, 2015 to be Oregon Wave Week in ...

Public Service Company of Oklahoma seeks rate increase

Public Service Company of Oklahoma is asking for a 13.6 percent rate increase it says is need...

GAO looks at reliability impacts of changing power generation mix

The Government Accountability Office (GAO) on June 29 released a study provided a month befor...

On the day after MATS decision, Bernstein sees only a limited reprieve for coal units

In light of the U.S. Supreme Court ruling against the EPA's Mercury and Air Toxics Standards ...

Pence says Indiana will not comply with coal plant regulations

Indiana will not comply with President Barack Obama's plan to battle climate change by requir...

Westermost Rough offshore wind park enters operations

The 210-MW offshore wind power plant, Westermost Rough, has entered operations. The project w...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Categories

Buyers Guide Product Listings

Sargent & Lundy Construction Management Services

Providing complete construction management and ...

Mechanical Services

Expert mechanical services range from boiler ma...
Power Industry Wire News

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the Three and Six Months Ended June 30, 2015

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the T...

Vantage Drilling Responds to News Reports Regarding Petrobras

Vantage Drilling Responds to News Reports Regarding Petrobras

National Grid Drives Innovation Through REV Demonstration Projects

National Grid Drives Innovation Through REV Demonstration Projects

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects Financing Completed, Implementation, in Q3-15

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects ...

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>