EFS Cogen Holdings I LLC

EFS Cogen Holdings I LLC is a special-purpose, bankruptcy-remote entity that owns two gas-fired, combined-cycle cogeneration facilities at the Phillips 66 Bayway Refinery in Linden, N.J. The assets are the 809 megawatt (MW) Linden 1-5 facility, completed in May 1992; and the 165 MW Linden-6 facility, completed in January 2002. Linden 1-5 sells electricity on a merchant basis into the NYISO market and also sells steam to Infineum USA L.P. and Phillips 66 under long-term contracts that expire in April 2032. Linden-6 provides power for the Bayway Refinery, selling up to 165 MW of electricity to Philips 66. Any electricity Phillips 66 does not use is sold on a merchant basis into the PJM market. Linden-6 also sells 20 MW

...EFS Cogen Holdings I LLC is a special-purpose, bankruptcy-remote entity that owns two gas-fired, combined-cycle cogeneration facilities at the Phillips 66 Bayway Refinery in Linden, N.J. The assets are the 809 megawatt (MW) Linden 1-5 facility, completed in May 1992; and the 165 MW Linden-6 facility, completed in January 2002. Linden 1-5 sells electricity on a merchant basis into the NYISO market and also sells steam to Infineum USA L.P. and Phillips 66 under long-term contracts that expire in April 2032. Linden-6 provides power for the Bayway Refinery, selling up to 165 MW of electricity to Philips 66. Any electricity Phillips 66 does not use is sold on a merchant basis into the PJM market. Linden-6 also sells 20 MW of electric capacity on a merchant basis into PJM....

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