6 November 2006 Eagle Energy Partners to Provide Energy Management Services for Navasota's Texas Portfolio
EAGLE ENERGY PARTNERS TO PROVIDE ENERGY MANAGEMENTS SERVICES FOR NAVASOTA’S TEXAS PORTFOLIO
(MONDAY, November 6, 2006 – Houston, TX) -- Eagle Energy Partners I, L.P. of Houston has been chosen to manage ERCOT’s newest combined-cycle facilities, Navasota Holdings Texas Partners LP’s Quail Run and Colorado Bend Energy Centers. Eagle will optimize and dispatch Navasota’s energy and risk management portfolio, which includes natural gas, power and transportation contracts. The Colorado Bend facility, located in Wharton County, Texas, and the Quail Run facility, near Odessa, Texas, are both under construction and Phase I (275 Mw) will be operational prior to summer 2007 and Phase II (275 Mw) prior to summer 2008.
Dan Hudson, Navasota’s Chief Financial Officer, said that, “Eagle is going to be a large part of our success story. We believe they are uniquely positioned to serve our best interests, capture the value of our investment, and provide to us the responsiveness and detail we need.”
Cliff Hare, President of Eagle, notes that, “Eagle’s continuing effort to build a world class asset management and customer focused company is gaining momentum, and Navasota is the latest example.” Privately held Eagle currently manages or contracts for approximately 5400mw of generation, 3600mw of load, 35 BCF of natural gas storage and moves over 1.6 BCF/d. Navasota Energy Partners LP is a Houston-based energy development and asset management company.
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Contact info:
Eagle Energy
Cliff Hare
281-781-0335
cliff.hare@eagleenergypartners.com
Navasota Energy
Christi Callicoatte
432-368-5483
PublicRe@navasotaenergy.com
