History

EcoEléctrica commenced operation on March 21, 2000. It was the first independent power producer in the world to integrate a power plant with a liquefied natural gas terminal. In June 2008, EcoEléctrica started the environmental impact assessment of the LNG terminal modification project, including construction and operation of natural gas pipeline facilities.

Activities

It owns and operates a liquefied natural gas

Liquefied natural gas

Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....

 regasification terminal with a storage tank

Storage tank

A storage tank is a container, usually for holding liquids, sometimes for compressed gases . The term can be used for reservoirs , and for manufactured containers. The usage of the word tank for reservoirs is common or universal in Indian English, American English and moderately common in British...

 of 160,000 cubic meters in Punta Guayanilla, Peñuelas. EcoEléctrica uses natural gas to fuel a 540 MW combined cycle

Combined cycle

In electric power generation a combined cycle is an assembly of heat engines that work in tandem off the same source of heat, converting it into mechanical energy, which in turn usually drives electrical generators...

 natural gas-fired cogeneration

Cogeneration

Cogeneration is the use of a heat engine or a power station to simultaneously generate both electricity and useful heat....

 power station. The power generated by EcoEléctrica is transmitted to the Puerto Rico Electric Power Authority

Puerto Rico Electric Power Authority

The Puerto Rico Electric Power Authority, originally named the Puerto Rico Water Resources Authority or Autoridad de las Fuentes Fluviales was created by Law #83 of May 2, 1941 during the governorship of Rexford G. Tugwell, an FDR "brain-truster".Publicly-owned, PRWRA unified diverse regional and...

 (PREPA) operated power grid. Steam generated by the waste heat from exhaust gasses is used in both a Toshiba-supplied steam turbine and a desalination

Desalination

Desalination, desalinization, or desalinisation refers to any of several processes that remove some amount of salt and other minerals from saline water...

 plant. The desalination plant produces up to 2 million USgals (7,570.8 m³) per day of desalinated water.

Shareholders

EcoElectrica is owned by Gas Natural

Gas Natural

Gas Natural SDG, S.A., trading as Gas Natural Fenosa, is an energy company which operates primarily in Spain but also in such countries as Italy, Mexico, Colombia, Argentina, Puerto Rico and Morocco...

 (50%) and a joint venture of International Power

International Power

International Power PLC is an international electricity generator formed in 2000 by the demerger of National Power. It is headquartered at Senator House, 85 Queen Victoria Street in the City of London...

 and Mitsui

Mitsui

is one of the largest corporate conglomerates in Japan and one of the largest publicly traded companies in the world.-History:Founded by Mitsui Takatoshi , who was the fourth son of a shopkeeper in Matsusaka, in what is now today's Mie prefecture...

.