NJ Utility to Provide Marcellus Gas to Virginia Power Plant

Here’s one that will stretch your brain in new directions: A New Jersey utility, South Jersey Gas, has won the contract to provide Marcellus Shale gas to a new electric generation plant that will run on that gas, to be built in Loudoun County, Virginia by Panda Power. Panda, you may recall, is a Texas-based investment firm that invests in and operates electric plants, including two in northeast Pennsylvania (see Panda Power Buys Rights for 2nd Marcellus-Fueled Electric Plant). Although not located in the Marcellus region per se, the Loudon County, VA project, called the Stonewall Power Project, will be Panda’s third Marcellus gas-powered electric plant…

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