Birdsboro Natural Gas-Fired Power Plant in the U.S. Begins Operations The Birdsboro Power Plant, which has been under construction in Pennsylvania, started commercial operation on May 30th
. Sojitz Corporation ( Sojitz ) acquired
stake in Birdsboro Power LLC, project owner of the natural gas-fired power plant facility in 2017, as announced in a press release on April 6th
[Power Plant Facility]
The Birdsboro Power Plant is a combined-cycle generating facility* that uses state-of-the-art gas turbines. The plant will supply energy to the northeastern United States through sales into PJM, * North America’s largest wholesale electricity market.
* Combined-cycle generation—A form of power generation with a combination of gas and steam turbines in order to produce energy more efficiently than a generator configured with only a gas turbine
* PJM—A major U.S. wholesale energy market that covers 13 northeastern states (including Pennsylvania, New Jersey, Maryland) and the District of Columbia As demand for large-scale power projects and other infrastructure-related investments in the U.S. rises, Sojitz will make use of its experience in power and energy sector to proactively pursue initiatives in this sector. Related Information:
[Company Overview – Birdsboro Power Plant]
Project Name Birdsboro Power
Main Business Sale of electricity and capacity from a natural gas-fired power plant into the PJM marketplace (a regional wholesale electricity market in the northeastern United States) Project Site Birdsboro, Berks County, Pennsylvania (U.S.) Ownership Sojitz Corporation 22.2%
Ares EIF Management* 33.3%
Tokyo Gas America Ltd. 33.3%
Kyushu Electric Power Co., Inc. 11.1%
488MW (Total output)
* Private funds, managed by a subsidiary of Ares Management Corporation, that invest in the power and infrastructure space.
[For questions regarding this press release, contact:] Sojitz Corporation Public Relations Dept. 03 6871 3404