NavasotaEnergy

Did you know?

Natural Gas is a vital component of the world's supply of energy. It is one of the safest and most useful of all energy sources.

  • home
  • about
    • executive bios
  • facilities
    • colorado bend energy center
    • madison bell energy center
    • quail run energy center
  • energy management
  • news
  • partnerships
  • contact us
News

14 August 2008 - HOUSTON, Aug 14 (Reuters) - Privately held Navasota Energy Partners LP said on Thursday it will build a third natural gas-fired power plant in Texas and expand two existing gas plants to meet the state's need for new electric supply.

Houston-based Navasota expected to obtain a state air permit soon to build the 550-megawatt Madison Bell Energy Center near Madisonville, midway between Dallas and Houston, said Dan Hudson, Navasota Energy's chief financial officer.

Navasota's expanded output, along with a small number of gas and coal-fired units, will help bolster the state's electric reserve margin, which has been shrinking since 2003, when an oversupply of new generation sent wholesale electricity prices tumbling.

While numerous companies continue to evaluate the state's need for power, Navasota is one of only a few moving quickly to build generation.

"Nobody else is moving forward," said Hudson. "A lot of people don't understand the dynamics of this market."

Navasota's third gas plant will be identical to the company's existing facilities, the Quail Run Energy Center in Ector County and the Colorado Bend Energy Center in Wharton County, said Hudson.

Both plants began producing power in 2007 and were expanded this summer to produce 550 MW. The plants were the first new gas-fired generation added in the state since 2003.

Navasota Energy received air permits in May to expand each location by another 275 MW, to a total of 825 MW per site. Operations could begin in 2010.

The Colorado Bend facility, southwest of Houston, supports growing energy demand in the Houston zone while the Quail Run facility, in the state's west power zone, supports growing demand from oil service companies and to support abundant wind generation in that area, Navasota said.

Warnings about the shrinking reserve margin from the Electric Reliability Council of Texas (ERCOT) prompted companies, including FPL Group (FPL.N), Exelon (EXC.N) and Calpine Corp (CPN.N), to propose as much as 12,000 MW of new gas generation in the state. But many developers have not committed to build due to worry about rising wind output, soaring construction costs and financial-market turmoil.

Even so, enough new gas and coal projects are expected to be completed to keep the summer reserve margin above the minimum needed to avoid blackouts through 2012, ERCOT said.

Summer demand reached 62,124 MW in early August, shy of the ERCOT record of 62,339 set in August 2006 and below ERCOT's 2008 forecast of more than 64,000 MW. (Reporting by Eileen O'Grady; Editing by Walter Bagley)

 

© Thomson Reuters 2009 All rights reserved

 


10 April 2008 - FOR IMMEDIATE RELEASE

NAVASOTA ENERGY ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES

HOUSTON, TX (April 10, 2008) – Navasota Energy Partners LP (“Navasota” or the “Company”) announced today that it is undertaking a review of monetization alternatives in connection with its wholly owned interests in two newly constructed combined-cycle generating projects, Colorado Bend Energy Center (“CBEC”) located in Wharton, Texas, and Quail Run Energy Center (“QREC”) located in Odessa, Texas. Navasota’s plants are the latest generation additions in ERCOT. The plants employ highly efficient GE turbine technology and are configured to be the most dynamic and rapid response units currently operating in ERCOT.

The development of each plant (QREC and CBEC) has been performed in three individual phases. Phases I, II and III for each plant consist of 275MW, for a total design capacity at each plant of 825MW and a total portfolio capacity of 1,650MW. An overview of the development program is provided here:

Phase I of each plant has been operating since June 2007 (550MW total) Phase II of QREC and CBEC are each in final construction stages and are scheduled for commercial operation in May and June of 2008, respectively (550MW total) Phases III of each plant are in the advanced stages of the required permitting process. Commercial operations are projected for late 2009 for each plant (550MW total)

The Company has engaged JPMorgan as its exclusive financial advisor in connection with this strategic review. For additional information, please contact one of the following individuals:

Sean O’Donnell, (212) 622 – 6824, sean.odonnell@jpmorgan.com

Dheeraj Verma, (212) 622 – 0666, dheeraj.verma@jpmorgan.com

ABOUT NAVASOTA ENERGY Navasota Energy Partners LP is a Houston-based energy development and asset management company founded in May 2005. Navasota builds and manages power plants throughout the state of Texas. For more information, visit www.navasotaenergy.com. ##


19 April 2007 - Mr. Neil McDonald, Director of Economic Development Odessa Chamber of Commerce 700 N. Grant, Ste. 200 Odessa, Texas 79761

Dear Neil,

We are pleased to advise you that due to the progress of Phase I of the Quail Run Energy Center and favorable conditions in general, we are delighted to announce that we are ready to release Phase II of the project and expand the combined cycle plant from the current 275-megawatt capacity to its full capacity of 550-megawatts. The second phase of the facility, just like the first, will be designed using state-of-the-art emissions control technology that meets or exceeds all state and federal regulations for a plant of this type. As you know, all of the permitting and infrastructure to support our Phase II expansion is already in place due in large part to your help and support. We are pleased with the partnership we have formed with the development corporation and the City of Odessa to make Quail Run Energy Center a reality. Thank you for your dedication and for the support of the Odessa community. We are looking forward to coming online with the first phase in the spring and the positive impact to the community by adding Phase II.

Sincerely,
Dan Hudson, Chief Financial & Investment Officer


19 April 2007 - Mr. David L. Schroeder, Director of Economic Development Wharton Economic Development 1944 North Fulton Street Wharton, Texas 77488

Dear David,

We are pleased to advise you that due to the progress of Phase I of the Colorado Bend Energy Center and favorable conditions in general, we are delighted to announce that we are ready to release Phase II of the project and expand the combined cycle plant from the current 275-megawatt capacity to its full capacity of 550-megawatts. The second phase of the facility, just like the first, will be designed using state-of-the-art emissions control technology that meets or exceeds all state and federal regulations for a plant of this type. As you know, all of the permitting and infrastructure to support our Phase II expansion is already in place due in large part to your help and support. We are pleased with the partnership we have formed with the development corporation, Judge Murrile, the county commissioners, and the City of Wharton to make Colorado Bend Energy Center a reality. Thank you for your dedication and for the support of the Wharton community. We are looking forward to coming online with the first phase in the spring and the positive impact to the community by adding Phase II.

Sincerely,

Dan Hudson, Chief Financial & Investment Officer


executives

Frank Giacalone


chief executive officer

As a principal owner of Navasota Energy, Frank Giacalone guides the company's focus on the development of new power and energy assets as it seeks to acquire specific assets from the portfolio shifting that has driven the power industry in recent years.

With a focus on electric energy in both retail and wholesale markets, Giacalone's experience includes commercial and technical assignments.  His extensive background in the natural gas and electric power industries consists of executive management of geographically dispersed organizations, businesses and asset development, acquisitions and divestitures of power assets and companies, financial structuring, investment management and enterprise restructuring.

Prior to forming Navasota Energy and Montgomery Power Partners LP, Giacalone served as Vice President of Development and Asset Management for NRG Energy Inc. where he led expansion efforts in south and southwest wholesale power markets.   Giacalone had similar success as SVP and Chief Development Officer of CHI Energy, Inc. where, as executive team member, he saw the company move from bankruptcy to profitability and successful sale to Italian utility ENEL.  Giacalone has similar executive experience with companies such as JWP, Tenneco, and General Electric.

Dan Hudson


president

Dan Hudson is a principal owner of Navasota Energy, as well as Managing Member and President of Navasota Energy Partners LP and Navasota Holdings Texas Partners LP. He is responsible for M&A, capital formation/ management from private equity, third party debt and equity-raising. During 20 years of industry experience, Hudson has focused on wholesale electric and gas markets. His background includes asset acquisition and divestiture strategies, implementation and financing at Navigant Consulting, Duke Energy North America and NRG Energy. Hudson has successfully completed electric generation and gas transmission asset acquisitions totaling in excess of $10 billion including asset valuation, due diligence, purchase and sale agreement negotiations, and transition closing activities. His experience also includes financing more than $7 billion for power and gas assets via bond offerings, traditional project financing, fixed income trusts, construction loan revolvers and large corporate credit facilities.  Currently, Hudson serves as Chairman and Board Member for KGen Power Corporation in Houston, Texas.

Prior to forming Navasota Energy and Montgomery Power Partners LP,  Hudson served as Managing Director at Navigant, as well as Managing Director of Acquisitions and Divestitures for Duke where he led the company’s acquisition and divestiture program. Hudson’s industry achievements also include his role as VP of NRG Energy where, as executive team member, he was responsible for the company’s Energy Markets group which included acquisitions, electric trading, origination, acquisition implementation and integration, and financing support.

 




executives

Kyle Woodruff


vice president of construction

As Vice President of Construction, Kyle Woodruff oversees construction for the company, including the completion of both Phases I and II at Navasota Energy's Wharton and Odessa sites.  Woodruff also provides site evaluations, preliminary construction estimates, constructability reviews and other construction support for projects under development by Navasota.

Woodruff has over 25 years of engineering and construction experience in the electrical generation business with 15 years in the IPP business. Prior to joining Navasota, Woodruff was Vice President of Engineering and Construction for Panda Ethanol, Inc. where he was responsible for the engineering and construction of a 100 MMGY ethanol plant with a 250,000 lb/hr refuse boiler fueled by manure in Hereford, Texas. He also oversaw Panda’s merchant electrical power projects, including the 2300 MW Panda Gila River project and the 2300 MW Union Power Partners project. As Senior Project Director of Project Development, Woodruff developed the $1.1 billion, 2300 MW Union Power Partners project in Union County, Arkansas. Woodruff served as VP of Operations for Panda and as Project Engineering Manager on Panda’s Luannan Power Plant, a 100 MW coal fired cogeneration facility located in China. Woodruff was Senior Mechanical Engineer for CSW Energy and worked as Project Engineer for Sargent and Lundy performing capital improvement projects for gas and lignite fired power plants. He served as Start-up and Results Engineer for the Lower Colorado River Authority at their 1600 MW coal fired power plant in Texas.

Woodruff graduated from Texas Tech University with a Bachelor of Science degree in Mechanical Engineering and is a Registered Professional Engineer.

 

Dee Woodruff


vice president of engineering and operations

As Vice President of Engineering and Operations, Dee Woodruff provides construction and engineering project management from conception to the completion of a project. This involves aiding clients with the selection of design professionals; coordinating clients, architects, and design professionals; overseeing estimating, value engineering and scheduling; reviewing construction documents for quality assurance; assisting in the contractor bid process and evaluation; and providing contractor process oversight.

Woodruff’s experience includes 25 years as a Professional Engineer in the Petro Chemical and Energy industry. Her project management experience, spanning from plant retrofits to construction of 1200+ MW plants, combines for more than $3 billion in construction projects.

Woodruff holds a Bachelor of Science in Mechanical Engineering from Texas A&I University.

 

Bill Skinner


vice president of process design and technology

As Vice President of Process Design and Technology at Navasota, Skinner provides engineering support to all existing operating, construction, and development projects.

Skinner has over thirty years of experience in the chemical and energy industries as an engineer, plant manager, and constructor. Before joining the Navasota companies, Skinner worked for multinational corporations such as Allied Chemical, Tenneco, Lonza AG, Enel Spa, and Jacobs Engineering. He has been involved in the operation, design, and construction of chemical, petrochemical, pulp and paper, and power plants in North and South America, Europe, and the Middle East.

Skinner received a Bachelor of Science in Chemical Engineering from Clarkson College of Technology and a Master of Science degree in Chemical Engineering from Syracuse University. He is also a Registered Professional Engineer.

 

Howard Duckworth


vice president of purchasing

Howard Duckworth is Vice President of Purchasing for Navasota Odessa and Navasota Wharton. He is responsible for all procurement functions.

Duckworth has over 28 years of engineering, commercial, finance, and supply chain operations experience, specializing in purchasing and contract management. Before joining the Navasota companies, Duckworth provided PB Power purchasing management support for a variety of projects. Prior to PB Power, he served as purchasing manager for materials and services at Sasol North America. In this capacity, Duckworth was responsible for developing and implementing corporate strategies to optimize plant and ex-plant purchasing for North America.

Duckworth received his Bachelor of Science in Chemical Engineering from Oklahoma State University and is a member of the National Association of Purchasing Managers.

 

Kurt Keller


chief financial officer

Chief Financial Officer and Controller for Navasota Energy, Kurt Keller is responsible for the accounting and financial reporting, as well as the treasury functions of the Navasota companies. He also assists with M&A and capital raising activities.

Keller has more than 13 years of financial analysis experience with a focus in the energy industry. Before joining the Navasota companies, he worked for 7 years at Deloitte Financial Advisory Services where he performed corporate and asset valuations, provided litigation support on construction and energy projects, and assisted buyers and sellers in M&A transactions. Prior to Deloitte, Keller spent two years at Sonat Energy Services serving as project manager in business development and risk strategy for long-term gas supply contracts and structured commodity transactions. He has additional work experience as a sell-side securities analyst for an investment bank, and as a project accountant and treasury analyst for an engineering firm focused on the electric utility industry.

Keller received his Bachelor of Arts in Economics from Baylor University and graduated with a Master’s Degree in Business Administration from Vanderbilt University. He also holds the Chartered Financial Analyst designation.

 

Andy Morris


vice president of asset management

As Vice President of Asset Management for Navasota Odessa and Navasota Wharton, Andy Morris is responsible for optimizing asset performance and new generation development. Morris has over 18 years of professional experience, 8 of which have been in the energy industry with a focus on wholesale electric and gas markets. His experience includes asset management, mergers and acquisitions, asset acquisitions and divestitures.

Prior to joining Navasota companies, Morris held management roles at Entergy Corporation, Duke Energy, and Navigant Consulting. His experience also includes engineering and environmental consulting.

Morris holds a Bachelor of Science in Engineering from the University of Virginia and a Master’s in Business Administration from Emory University. He is a Registered Professional Engineer.

 

Jeff Maida


vice president of asset management

Jeff Maida is a member of the of Asset Management group for Navasota Odessa and Navasota Wharton.  In this position, Maida is responsible for optimizing asset performance and new generation development.

Maida has over 10 years of experience in the energy industry with a focus on the wholesale power markets.  His experience includes power plant development, asset acquisition and divestitures, and project management.

Before joining the Navasota companies, Maida managed asset acquisition and divestiture teams at Duke Energy North America.   Maida has successfully completed asset acquisitions and divestitures totaling $2.5 billion including, due diligence, transaction negotiations, and closing activities.  He has additional work experience in project development and asset management while with Coastal Power Company’s Asian business development group.

 

Chandler Morris


vice president of asset management

Chandler Morris is Vice President of Asset Management for Navasota Odessa and Navasota Wharton. In this position, Morris is responsible for optimizing asset performance and new generation development.

Morris has 10 years of experience in the energy industry with a focus on the wholesale natural gas and electric markets. His experience includes power plant development, asset acquisition and divestitures, and marketing and brokering energy derivatives.

Before joining the Navasota companies, Morris brokered natural gas basis and NYMEX options for Choice Energy. Prior to Choice, he managed asset acquisition and divestiture due diligence teams at Duke Energy North America and was a project developer of natural gas combined cycle and simple cycle power plants.

Morris received a Bachelor of Science degree from the University of Kansas and a Master’s Degree in Business Administration from the University of Denver.

 

all content © 2010