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Brooklyn Navy Yard Cogeneration Project Summary

Project Name: Brooklyn Navy Yard Cogeneration Project
Location: Brooklyn, New York USA
Project Description: 286 MW (equivalent) natural gas-fired cogeneration project
Owner: Brooklyn Navy Yard Cogeneration Partners, L.P.
Power Sales: Con Edison and BNYDC
Steam Sales: Con Edison and BNYDC
Technology: Siemens Westinghouse V84.3 combined cycle cogeneration configuration
Fuel Supply: Project purchases natural gas through long term gas contracts
Agent Bank: Bank of Montreal
Operations and Maintenance: Palmark Inc.
Asset Manager: Olympus Power,  LLC
Transaction Description: Tyche Power Partners, LLC, a joint venture whose members are Morgan Stanley Capital Partners and a Delta Power Company affiliate acquired a 50% interest in the project from Edison Mission Energy in March 2004. Delta Power transferred its interest to Olympus Power,  LLC,  in December 2006.
   
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