Over our decades in the industry we have helped owners acquire and transition ownership of facilities and successfully harvest significant value from their investments. We have done so across power generation technologies (coal, gas, biomass, hydro, wind), project structures (lease, GP/LP), and markets and offtake types (PPAs, tolling arrangements, merchant across ISOs). We have done so across the U.S. and can also operate in Canada and Mexico.
PurEnergy is headquartered in Syracuse, NY, has an office in Boston, MA and has employees across the U.S. We can serve projects in all of North America. For over 20 years we have managed facilities across the U.S. and across ISO/RTOs.
In addition, PurEnergy and NAES have significant experience in Canada. NAES has been operating in Canada for nearly a decade and is familiar with compliance requirements, applicable laws and regulations, and labor market. We have in place a Canadian subsidiary through which we can contract and manage employment matters. We also have a full-time human resources manager in Canada to assist with project staffing.
PurEnergy can also manage facilities in Mexico, and can leverage the existing NAES infrastructure. NAES has been operating in Mexico since 2001, utilizing Mexican personnel. NAES Mexico operations has afforded the company with considerable understanding of the local culture, customs, socio-economics, labor relations, business practices and industry regulations allowing us to deliver sustainable performance and value.
Plum Point Energy Station – 670 MW pulverized-coal-fired power generation facility. Sells power and capacity via a combination of power purchase agreements as well as merchant sales into the MISO market. PurEnergy provides asset management and financial services to the project, including oversight of day-to-day management, implementation of value enhancement initiatives andoversight of the energy manager, O&Mprovider and other project parties.
Marcus Hook Energy Center – 780 MW CCGT power generation facility. Sells power and capacity on a merchant basis into the PJM market. PurEnergy provides asset management and financial services to the project, including oversight of day-to-day management, implementation of value enhancement initiatives and oversight of the energy manager, O&M provider and other project parties.
Nautilus Hydros – Five hydroelectric power facilities comprising an aggregate of 18 MW. Located on the Chicopee and Deerfield Rivers in Western Massachusetts. PurEnergy provides financial services, including AP, AR, treasury and cash management, for the portfolio.