Sojitz Corporation


Birdsboro Natural Gas-Fired Power Plant in the U.S. Begins Operations

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Jun. 7, 2019
Sojitz Corporation

The Birdsboro Power Plant, which has been under construction in Pennsylvania, started commercial operation on May 30th . Sojitz Corporation (“Sojitz”) acquired stake in Birdsboro Power LLC, project owner of the natural gas-fired power plant facility in 2017, as announced in a press release on April 6th, 2017.

190607.jpg[Power Plant Facility]

The Birdsboro Power Plant is a combined-cycle generating facility*¹ that uses state-of-the-art gas turbines. The plant will supply energy to the northeastern United States through sales into PJM, *² North America’s largest wholesale electricity market.
*¹ Combined-cycle generation—A form of power generation with a combination of gas and steam turbines in order to produce energy more efficiently than a generator configured with only a gas turbine
*² PJM—A major U.S. wholesale energy market that covers 13 northeastern states (including Pennsylvania, New Jersey, Maryland) and the District of Columbia

As demand for large-scale power projects and other infrastructure-related investments in the U.S. rises, Sojitz will make use of its experience in power and energy sector to proactively pursue initiatives in this sector.

Related Information:

Company Overview – Birdsboro Power Plant

Project Name Birdsboro Power
Main Business Sale of electricity and capacity from a natural gas-fired power plant into the PJM marketplace (a regional wholesale electricity market in the northeastern United States)
Project Site Birdsboro, Berks County, Pennsylvania (U.S.)
Ownership Sojitz Corporation       :22.2%
Ares EIF Management*³       :33.3%
Tokyo Gas America Ltd.     :33.3%
Kyushu Electric Power Co., Inc.  :11.1%
Generation Capacity 488MW(Total output)

*³ Private funds, managed by a subsidiary of Ares Management Corporation, that invest in the power and infrastructure space.

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