Panda Energy International, Inc. is an American privately-held company that constructs, maintains and operates environmentally friendly power plants, with the name of the company a reference to the endangered Giant Panda. The company is headquartered in Dallas, Texas, with 150 employees and an annual revenue of $219 million USD for 2005. It is a division of The Panda Group.
Panda Energy was founded by current chairman Robert W. Carter in 1982. Th...
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Panda Energy International, Inc. is an American privately-held company that constructs, maintains and operates environmentally friendly power plants, with the name of the company a reference to the endangered Giant Panda. The company is headquartered in Dallas, Texas, with 150 employees and an annual revenue of $219 million USD for 2005. It is a division of The Panda Group.
Panda Energy was founded by current chairman Robert W. Carter in 1982. The creation of the company was a direct result of the passage of the 1978 Public Utility Regulatory Policies Act, which introduced favorable surplus disposal measures for small-scale commercial energy producers. The Carter family have owned a controlling stake in the company ever since, making Panda Energy a family business.
After Panda Energy was awarded a RFP to construct a power plant in North Carolina, it expanded throughout the 1980s, taking advantage of energy market deregulation.
Panda Energy has announced an intent to capitalise on the...
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