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 January 12, 2016 - 3:03 PM EST
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Halyard Energy expands portfolio in Texas - air permit issued for another peaking power plant

HOUSTON, Jan. 12, 2016 /PRNewswire/ -- Halyard Energy Ventures, LLC (Halyard) announced today that the Texas Commission on Environmental Quality (TCEQ) has issued an air quality permit authorizing the construction and operation of the Halyard Henderson Energy Center (HHEC) in Henderson County, Texas. This is the second air permit that Halyard has received from TCEQ in the past three months, the first being for the Halyard Wharton Energy Center (HWEC) in Wharton County.

Halyard Energy Ventures, LLC

The HHEC will be a nominal 400 MW natural gas-fired, simple-cycle power generating facility. The facility has received all permits required to begin construction, including its air quality permit and water supply permit.

The project is located within the Electric Reliability Council of Texas (ERCOT), which manages the flow of electric power to 24 million Texas customers and serves the peak energy needs of approximately 350,000 households.  The HHEC will deliver clean, natural gas peaking energy, complementing the significant amount of intermittent wind capacity that has been added to the ERCOT market in recent year.

In addition to receiving the air quality permit, the HHEC has finalized interconnections with both the electric grid and gas pipelines. The electric interconnection will allow power to flow to the high-density metropolitan load centers of Dallas-Ft. Worth and Waco.

"With five natural-gas developments underway and two of them fully permitted, we are taking a lead in delivering added capacity to meet energy demand within ERCOT," says Karl Dahlstrom, partner at Halyard. "Our projects deliver flexible, quick-start, efficient peaking capacity to complement renewable power in the market."

About Halyard Energy Ventures, LLC 
Headquartered in Houston, Texas, Halyard Energy Ventures, LLC is a limited liability holding company formed to manage the greenfield development, construction and operation of a portfolio of five gas-fired simple-cycle power plant projects within ERCOT. The principals of Halyard have a long and consistent track record of developing commercial scale power plants from inception to operation.

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SOURCE Halyard Energy Ventures, LLC

Source: PR Newswire (January 12, 2016 - 3:03 PM EST)

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