Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US
Green Car Congress
OCTOBER 29, 2015
Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The Term Loan B debt received an initial credit rating of BB- and a “1” recovery rating by Standard & Poor’s.
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