Panda Energy Inc will build another 500 MW Combine Cycle Power Plant in Sherman which will be able to supply power to 400,000 homes in Texas. The power plant is expected to generate more than $248 billion into the area's economy over the next 10 years.
One of The Panda Energy Power Plant in Rosemary, North Carolina - 180MW Natural Gas Powered Project.
The generating station will be on a 200-acre site at the Progress Industrial Park in Sherman. Construction will take about two years and is dependent upon financing, regulatory approvals and other conditions.