KM Energy Partners, Exelon Sign Gas Supply Deal.
Kinder Morgan Texas Pipeline and Exelon Generation Company, LLC, on
behalf of ExTex LaPorte Limited Partnership, entered into a long-term
natural gas supply agreement in which KMTP will supply 100 percent of
the natural gas requirements to a new "peaker" generating
plant in LaPorte, TX. ExTex has interconnected its new 160-megawatt
facility to KMTP. Through this five-year agreement, ExTex has access to
up to 50,000 MMBtu of natural gas per day, effective July 1, 2001.
"Strategic growth is paramount in Exelon Generation's
plans in the next five years," said Ian McLean, president of
Exelon's Power Team. "The ExTex LaPorte plant is in keeping
with Exelon's plan to grow its portfolio of generation assets and
use them to strategically position Exelon's Power Team as one of
the nation's top five energy suppliers."