Combined Cycle Gas Turbine Generating Facility Financing Support

ERG was retained by the Louisiana Energy & Power Authority (LEPA) as its Independent Consulting Engineer for preparation of a Consulting Engineer’s Report for inclusion in the Official Statement regarding LEPA’s issuance of revenue bonds totaling $120,770,000 to fund LEPA’s development, procurement of major equipment, and construction of LEPA Unit No. 1, a 64 MW nominal rated 1X1 natural gas fueled combined cycle gas turbine generating facility sited in Morgan City, Louisiana. In conjunction with the engagement, ERG participated in bond rating agency presentations concerning the project and LEPA’s proposed plan of finance.

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