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Home > Company Index > Utilities > Independent Power Producers & Marketers > Panda Energy International, Inc.

Panda Energy International, Inc.
 PROFILE
Pandering to the energy-deprived, Panda Energy International develops, owns, and operates clean, low-cost power plants. The electric generation firm, which was founded in Dallas in 1982, has interests in six operating plants in the US, China, and Nepal (2,560 MW), and has others in development or under construction (13,700 MW). The company has formed a joint venture with TECO Energy to build two generating plants worth $2.3 billion in El Dorado, Arkansas, and Gila Bend, Arizona. It has sold its Oklahoma plant (in development) to Calpine. Subsidiary Panda Power Corporation markets energy from the plants, and Panda Global Services operates and maintains them. The firm is owned by CEO Robert Carter and his family.

 COMPETITION
Calpine Corporation (CPN)
Indeck Energy Services, Inc. (dossier)
Orion Power Holdings, Inc. (ORN)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 144.00
1-Yr. Sales Growth: (23.4)%
Employees: 164
Revenue per employee: $878,048.78

 KEY PEOPLE
• Robert W. Carter
    CEO
• Jerry Thurmond
    CFO

 CONTACT INFO
4100 Spring Valley Rd., Ste. 1001
Dallas, TX 75244
US
Phone: 972-980-7159
Fax: 972-980-6815
Online: Web Site

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