Sumas Cogeneration Project
Beginning in 1991, NESCO developed, built, financed, owned, and operated the Sumas power plant, a 125 megawatt electrical generation facility. The Sumas plant consists of a combined cycle natural gas turbine generator and heat recovery steam generator with a combined electrical output of 125 MW and is located at Sumas, Washington. Along with the power plant, NESCO developed, constructed, owned, and operated a 4.5 mile international gas pipeline to serve the plant running from the US – Canadian border to the plant site. Total investment in the Sumas power plant was approximately $140 million.
For fifteen years Sumas delivered and sold all of its power to Puget Sound Energy (PSE) under a long-term contract and provided steam to Socco Forest Products, an adjacent lumber processor and dry kiln operation. In 2008, the Sumas plant was sold to PSE.
The project was owned and managed by the NESCOgroup and was financed by the NESCOgroup,Prudential Insurance and Credit Suisse.