Sherman Combined Cycle Power Plant--Panda

GE to supply Zero Liquid Discharge Systems to Panda Sherman

GE is installing its zero liquid discharge (ZLD) wastewater treatment system at two 758 MW combined cycle natural gas-fired power plants in Texas. The Panda Sherman and Panda Temple plants are expected to reduce incoming water needs by recycling and reusing more than 98 percent of its own cooling tower wastewater. Once commissioned, the Temple plant will use treated water from a nearby wastewater treatment plant, while the Sherman plant will use Lake Texoma. The ZLD systems will treat 450 gallons per minute of water for each power plant. GE will provide a brine concentrator and crystallizer for the Sherman plant and a brine concentrator for the Temple plant. Panda Power expects to have them in operation by the end of 2014.

Panda Sherman breaks Ground Nov. 2012

Panda Power Funds was joined Nov. 8, 2012 by officials from across the Lone Star State to break ground on the company’s 758-megawatt natural gas-fueled, combined-cycle power plant in Sherman, Texas. When complete, the facility will provide much needed electricity for approximately 750,000 homes in the North Texas region.

“For the second time in four months, our team has stepped up to the plate and swung for the bleachers,” said Todd Carter, president of Panda Power Funds. “And both times the Panda team has knocked the ball out of the park. I cannot be more proud of our firm, or our investors, who have taken the Panda Sherman Generating Station off the drawing board and, beginning today,

The Sherman financing marks only the second time in six years that a capital-intensive, greenfield construction project has been financed with a term loan. The other financing was for Panda’s 758-MW Temple, Texas generating station which occurred in July of this year. Goldman Sachs and Credit Suisse arranged the senior debt financing for the plant. Ares Capital was the documentation agent. Panda Power Funds is supplying equity for the Sherman project along with several other institutional co-investors. The plant is scheduled to enter commercial operation by the end of 2014.

Panda designed the Sherman generating station as a “quick-start” power plant. Power generation is expected to commence within 10 minutes of startup, reaching full gas turbine power production within approximately 30 minutes.

Accordingly, the state-of-the-art Panda Sherman plant will utilize the latest, most advanced emissions-control technology, making it one of the cleanest, most efficient natural gas-fueled power plants in the nation. Carbon Monoxide (CO) emissions will be controlled to less than 10 parts-per-million, and Nitrogen Oxide (NOx) emissions to less than 2.0 ppm — among the lowest of any natural gas power plant in the United States.

Additionally, the plant has been designed with gas turbines which operate at a higher power output during high temperature conditions. This capability is ideal for the ERCOT market as recent hot summers have put an increased strain on the state’s power grid, which is challenged with one of the fastest growing populations in the country.

The Panda Sherman generation facility will be built by a turn-key construction consortium of Bechtel and Siemens Energy Inc. Bechtel is the largest construction and engineering company in the United States and one of the largest in the world. Siemens is one of the world’s largest suppliers of turbine technology. As a part of the contract, Siemens will provide the power island package including the natural gas turbines, steam turbine, waste heat recovery boilers, and instrument and control systems. Bechtel will be responsible for the engineering and procurement for the balance of the plant, and the installation, construction and commissioning of the facility.

First Entry Date: 3/1/2008
Revision Date: 10/1/2012

Location: TX Grayson county
Startup Date: 2014
Size: 750 MW
Primary Fuel: Gas
Secondary Fuel:
Duct Burner:
Duct Burner Supplier:
Oxidation Catalyst:
Oxidation Catalyst Supplier:
NOx Limit: 2 ppm
CO Limit:
VOC Limit:
PM limit:
SO2 Limit:
NH3 limit:

Description:
Applied for permits. 2/10 Has air permit. 9/12 Has financing. 10/12 Groundbreaking