Panda Energy enters Paris power plant pact

From: The Journal Record | Date: February 19, 1999 | Copyright information

PARIS, Texas (JR) -- Panda Energy International has entered a partnership agreement with FPL Energy on Panda's 1000 megawatt merchant power plant located in Paris, Texas.

Under the partnership, FPL will be the majority owner and managing, general partner in the new venture, called Lamar Power Partners.

Duke/Fluor Daniel of Charlotte, N.C., has begun construction of the facility. The plant will go online by June 2000. The project will create up to 800 jobs during peak construction...

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