The NESCOgroup’s mission is to develop, own, operate, and invest in environmentally responsible cogeneration and renewable energy projects.
The NESCOgroup has developed nine projects from green-field to commercial operation as either majority or sole owner. We have provided our own development-stage equity. We have utilized long-term financing from banks and insurance companies. The NESCOgroup also provides development services including economic feasibility studies, strategies for reducing cap and trade obligations and coordination of project development. We are interested in consulting and joint venture opportunities, as well as direct project investments and acquisitions. To determine if the NESCOgroup could benefit your organization contact Daren Anderson.
A few examples of projects that were successful for us and our customers in the past include:
- A natural gas fired cogeneration plant which saved a forest products company $2,500 per hour in natural gas purchases while providing electricity to approximately 125,000 Puget Sound Energy customers in Washington State.
- A natural gas fired cogeneration plant that provided an environmentally friendly method of produced salt water disposal that saved its customer $500 per hour in natural gas purchases while providing electricity to approximately 7,000 Pacific Gas and Electric customers in California.
- A Canadian natural gas production company that provided a power plant with long-term fixed price delivery of natural gas while market prices tripled.