Keystone Opportunity Expansion Zone

Panda Power Funds to Jointly Develop 1,000 MW Pennsylvania Power Project

Panda Power Funds entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000-MW natural gas-fueled, combined-cycle power project near Shamokin Dam in Snyder County, Pennsylvania. The 30 acre Panda Hummel Station” power facility will occupy part of the 192 acre Keystone Opportunity Expansion Zone at the site of the recently retired Sunbury coal-fired power plant. The plant is expected to enter commercial operation in the second half of 2017.