Supporting ESG efforts within our O&M Portfolio
Running any type of power plant is a complex endeavor that goes far beyond simply flicking a switch.
From the initial fuel extraction to the ultimate transmission of electricity, numerous interdependent processes must seamlessly come together to harness the potential of the plant.
Striking a delicate balance between environmental considerations, robust infrastructure, and efficient power generation requires a meticulous coordination of efforts among engineers, technicians, and environmental experts. And now more than ever, ensuring any plant operates as sustainably as possible is of paramount importance.
One of our Operations and Maintenance (O&M) clients, Argo Infrastructure Partners1, maintains an investment philosophy which aims to couple sound investment returns with responsible and sustainable investing.
The implementation of Environmental, Social, and Governance (ESG) best practices is important for their on-going asset management processes, and over the years we’ve helped support that implementation for three of their power plants (hereinafter referred to as the “Argo CCGT2 Assets”): Oneta Energy Center (Oklahoma), Mobile Energy Center (Alabama) and Carville Energy Center (Louisiana).
1 Argo Infrastructure Partners is an independent fund manager that currently manages over US$6 billion of capital on behalf of institutional investor partners.
2 CCGT = Combined Cycle Gas Turbine power plant