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

Nuclear Power International’s Top Stories of 2014

Bechtel Westinghouse Electric Co. US nuclear power plant decommissioning decontamination services

Bechtel, Westinghouse team on U.S. nuclear decommissioning services

Bechtel and Westinghouse Electric Co. are partnering to provide decontamination and decommissioning services for U.S. nuclear power plants.

Follow Power Engineering on Twitter
Latest News

Invenergy’s Grand Ridge Energy Storage Project enters commercial operation

Invenergy announced the start of commercial operations of its 31.5-MW Grand Ridge Energy Stor...

Invenergy announces commercial operation of Nelson Energy Center in Illinois

Invenergy Clean Power announced the start of commercial operation of its 600-MW Nelson Energy...

Eos Energy Storage secures $23M for grid-scale batteries

Eos Energy Storage announced a final closing of a $23 million Round C equity financing, suppo...

Wisconsin governor: Obama power plant rule 'unworkable'

Wisconsin Gov. Scott Walker, a Republican eyeing a presidential run in 2016, says President B...

Kansas governor signs deal on renewable energy mandates

Kansas Gov. Sam Brownback has signed a compromise between the wind energy industry and critic...

NRC may increase oversight of Pilgrim nuclear power plant

The U.S. Nuclear Regulatory Commission (NRC) may increase oversight at the Pilgrim nuclear po...

SunEdison brings 14MW of solar power to Long Island

SunEdison (NYSE: SUNE) has signed agreements with five municipal entities on Long Island to b...

New Mexico regulators delay decision on power plant

New Mexico regulators on Wednesday gave Public Service Co. of New Mexico more time to ink agr...

Power Engineering Current Issue

12/01/2014
Volume 118, Issue 12
1412pe-cover1
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

UGE International Reports 2015 First Quarter Financial Results

UGE International Reports 2015 First Quarter Financial Results

AutoGrid Systems Is Short-Listed for the 2015 Red Herring Top 100 North America Award

AutoGrid Systems Is Short-Listed for the 2015 Red Herring Top 100 North America Award

2015 Bakken Conference Announces Pre-Conference Agenda With Special Presentation: "Bakken Workforce Update"

2015 Bakken Conference Announces Pre-Conference Agenda With Special Presentation: "Bakk...

MCW Energy Group to Present Its Corporate Story at LD Micro Conference in Los Angeles, Wednesday, June 3rd, 2015

MCW Energy Group to Present Its Corporate Story at LD Micro Conference in Los Angeles, ...

Orbital Tracking Corp. Appoints Lieutenant Commander Hector J. Delgado to Board of Directors

Orbital Tracking Corp. Appoints Lieutenant Commander Hector J. Delgado to Board of Dire...

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 >>