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Coleto Creek expansion continues, despite merger

By ALLISON MILES
Feb. 15, 2011 at 4:03 p.m.
Updated Feb. 14, 2011 at 8:15 p.m.


For more informationTo read more about the merger, visit www.gdfsuez.com/en/finance/

press-releases/press-releases/?communique_id=1384.

A merger between International Power and GDF Suez became official in early February, but local plants should remain largely unchanged, said Robert Stevens, plant manager for International Power's Coleto Creek plant.

Stevens spoke to about 50 people Tuesday morning at the Victoria Economic Development Corp.'s Victoria Partnership meeting, briefly updating them on the merger.

Although the move means two companies coming together, the company name will remain International Power, he said.

The ongoing expansion at International Power's Coleto Creek plant will continue as planned, said Mike Fields, the company's vice president of solid fuel generation.

The original timetable will remain on track, he said, explaining the contracting firms chosen for the project include Zachry Industrial, Mitsubishi Power Systems and Burns and McDonnell Engineering Co.

New faces will join the mix, with people from GDF Suez's Houston office handling the expansion.

Plans call for the new unit, dubbed Coleto Creek 2, to go on line in late 2014, according to a company news release.

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