MMC Energy (MMCE) Buys Turbine from GE Energy for $15.3M
More News related to MMCE
- MMC Energy, Inc. Announces Second Distribution
- MMC Energy (MMCE) Completes Sale of GE Turbines; Anticipates Being Permanently Suspended by NASDAQ
- MMC Energy (MMCE) Sells Assets to affiliate of Wellhead Electric for $2.1 Million
- MMC Energy (MMCE) Executes Resource Adequacy Contracts for its California Plants
- MMC Energy (MMCE) Receives Final Approval for Escondido Repowering Project
More News related to Corporate News
- S&P Announces Change to US Index: TSRA for FIF
- RealNetworks (RNWK) and MTV Networks (VIA-B) to Split Off Joint Venture Rhapsody
- Watts Water (WTS) Board Approves Restructuring Program; Shutting Down 3 Plants, Cutting 95 Jobs
- Transcept Pharmaceuticals (TSPT) Granted U.S. Patent Covering Intermezzo Formulation
- AAR (AIR) Predicts Impact of Mesa's Bankruptcy on Q3 Results
MMC Energy, Inc. (Nasdaq: MMCE) today announced that it has agreed to purchase one LM-6000 PC Sprint(r) natural gas-fired turbine for $15.3 million from GE Energy, to be used in its Escondido Energy Upgrade Project, a 50 MW natural gas-fired power plant in Escondido, San Diego County, California.
The turbine is the primary equipment to be used in the Energy Upgrade Project, and will allow the Company to increase its capacity at the Escondido site, currently 44MW, as well as to greatly improve its efficiency and reduce its emissions generated per MW-hour.
MMC Energy, Inc. is private equity firm specializing in acquisition of small to medium sized companies directly or through joint venture.
Related Categories
Corporate NewsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
