| |
The Marina Thermal Facility is
a Greenfield Development Project. Marina Energy, a wholly
owned subsidiary of South Jersey Industries, (NYSE:SJI)
as owner, and DCO Energy as the Developer and Operator are
developing and financing the project as an off-site Central
Utility Plant. The plant will serve the expanding Casino Industry
in Atlantic City, NJ. This energy project emphasizes the long-term
vision of creating, in phases, a district heating and cooling
system that will service the Renaissance Pointe area of Atlantic
City.
The
Marina Thermal Facility is located adjacent to the site of
the most aggressive new development in the region. Chilled
water, hot water, and emergency power generated by the plant
are delivered to casino customers for cooling, heating, domestic
hot water, and back-up power requirements.
The
plant is designed to have an ultimate capacity of 25,000 tons
of cooling, 300,000 million BTU/hr of high temperature hot
water production, and 8 MW of emergency power generation.
It could be capable of serving additional casinos beyond The
Borgata Hotel Casino & Spa, which was opened in Summer
2003.
The
cost of designing and constructing the Marina Thermal Facility,
including the underground distribution system, is approximately
$54 Million.
|
Client: |
|
Marina
District Development Co The Borgata Hotel and Casino |
| Location: |
|
1077
Absecon Blvd., Atlantic City, NJ 08401 |
| Services: |
|
Combined
Heating, Chilling and Power Facility |
| Project
Start: |
|
July
2000 |
| Commencement: |
|
July
2003 |
| Plant
Capacity: |
|
25,000
Tons chilled water, 300-mm BTU/hr hot water, 5 MVA emergency
power |
| Developer: |
|
DCO
Energy, LLC |
| Project
Amount: |
|
$54
Million |
|