Daigas Group
Marianas Energy Company gets the extension of the Energy Conversion Agreement with Guam Power Authority
Marianas Energy Company gets the extension of the Energy Conversion Agreement with Guam Power Authority
  • November
  • 07
  • 2018
Marianas Energy Company (MEC) is a 100% fully-owned subsidiary of Osaka Gas USA and operates Piti 8 & 9 Power Plant in Guam. The power project contains two slow speed diesel units providing 88MW of production capacity, which is approximately 40% of Guam Power Authority (GPA)’s total baseload capacity.

MEC is Guam’s leading power generation company in terms of consistent operational efficiency and reliability. GPA therefore proposes that it enter into a 5-year contract extension with MEC for its continued management and operation of the power plant beyond January 2019. GPA and MEC have mutually agreed to a negotiated 5-year extension of the contract.