With a focus on early stage development of opportunities in the Marcellus Shale region, Arcova specializes in project development and management of power generation projects. With over 90 years of combined experience, Arcova’s management team has proven expertise in the evaluation of market trends in these industries and experience negotiating key project agreements, such as Engineering and Construction and fuel offtake contracts. Arcova also excels at the application and procurement of vital air, water, and land permits and sourcing partners for key project components such as midstream development. The Arcova team works diligently with all stakeholders to ensure reliable project advancement.
In 2015, Arcova successfully completed the sourcing of equity commitments for its Panda Hummel Station project located on the 192-acre Keystone Opportunity Expansion Zone (KOEZ) in Shamokin Dam, PA. The Arcova team worked closely with key government officials to make the 1,124 MW combined-cycle natural gas plant possible. The Panda Hummel Station will be replacing the Sunbury coal-fired power plant, representing one of the largest coal to natural gas repowering projects in the United States. The new plant is expected to be completed in the beginning of 2018 and will provide power to over a million homes in the PJM region. The Panda Hummel Station will utilize state-of-the-art emissions-control systems which are expected to produce a 97% decrease in key emissions compared to the previous plant.