Houston, TX – EthosEnergy has been awarded an operations and maintenance contract worth over $36M by SINOLAM SMARTER ENERGY (SSE), a subsidiary of Shanghai Gorgeous Group, in Panama.
The fifteen year contract includes mobilization services, as well as full care, custody, control operations and maintenance services for the new, greenfield Gas to Power Panama project, located in the province of Colón, Panama.
The Gas to Power Panama project includes the 424.7MW Combined Cycle Power Plant, the Liquified Natural Gas receiving jetty and onshore regasification plant, which will supply fuel for the power plant.
Kenneth Zhang, Chief Executive Officer at Sinolam Smarter Energy, said, “After passing a rigorous bidding process, in which we received proposals from several high-level companies, EthosEnergy was chosen for its attractive cost-benefit proposal, in addition to its proven international experience in operation and maintenance of power plants. EthosEnergy now joins our extraordinary team of international companies that are part of our project. Today, we are proud to have recognized strategic partners for the development of this important project that will be of benefit to Panama and the region.”