Panda in Malta
Founded in 1982, Panda Energy has developed, financed, constructed and operated large-scale energy facilities both domestically and internationally. The company built the two largest gas-fired merchant electric generation facilities in the United States totaling 4,400 megawatts of generating capacity; was responsible for the first U.S sponsored, internationally financed run-of-the-river hydroelectric project in the state of Nepal; and obtained the first U.S. capital markets financing for construction of a power plant in The People’s Republic of China. Altogether, the company has raised more than U.S. $5 billion to develop and build more than 9,000 megawatts of generating capacity. In 2005, Newsweek Magazine recognized the company as one of the ten most eco-friendly energy companies in the United States for developing the largest biomass-fueled ethanol refinery, with one of the lowest carbon footprints of any facility of its size in the United States.
