The Access International success story consists of 15 years
of successfully completed power projects directly by the company and by
its principal (prior to founding it) or via affiliated special purpose project
companies (SPPs).
All of these projects were funded under non (limited) recourse financial packages with the power purchase agreements (PPA) or Energy Conversion Contracts ( ECC ) as the corner stone of each financial package.
The 670 MW (gross), $ 1.2 billion Maritza East, 1 lignite fired power plant in Galabovo, Bulgaria.
| Developer | : | Access International (on behalf of a partnership with Delphos International, then a division of Bank One, USA and a local partner). |
| Owner / Operator | : | Consolidated Continental Commerce Ltd. (3 – C), a Special Purpose Project-Company jointly owned by AES Horizons Ltd (a wholly owned subsidiary of AES CORP. USA) and Access International (via affiliated SPP). |
| Scheduled Completeion Date | : | August 2008 |
Jacob Menahem, President and founder of Access International, signs the Energy Conversion Contract (ECC) for the Maritza East 1 Project with the Chairman of the Board of Directors of Natzionalna Elektritcheska Kompania (NEK), Bulgaria’s national utility and with the chairman of Bulgaria’s Committee of Energy (today’s State Agency for Energy and Energy Resources – SAEER).
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Construction of the Leyte Geothermal complex on the Island of Leyte, Philippines
Jacob Menahem, President and founder of Access International presents to the Philippines President Mr. Fidel Ramos a mobile art souvenir on the occasion of the ceremonial signing of the corner stone charter for the Leyte Geothermal Complex.
Ormat’s 132 MW, $ 250 mil. Upper Mahiao, Geothermal Combined Cycle power plant on the Island of Leyte, Philippines.
| Developer | : | Access International jointly with Itochu Corporation of Japan on behalf of Ormat International Inc. |
| Manufacturer / EPC Contractor | : | Ormat Industries Ltd. |
| Owner / Operator | : | CalEnergy Company, a wholly owned subsidiary of MidAmerican Energy Holdings Company |
| Completed | : | December 1996 |
| In Commercial Operation Since | : | 1997 |
Jacob Menahem, President and founder of Access International, signs the PPA for the LEYTE OPTIMIZATION project with the President of the Philippines National Oil Company – Energy Development Company (PNOC – EDC), Manila, Philippines, August 1995. Standing in the background the general manager and deputy of Itochu Corporation, Manila, Philippines Branch.
| Developer | : | Access International jointly with Itochu Corporation of Japan on behalf of Ormat International Inc. |
| Manufacturer / EPC Contractor | : | Ormat Industries Ltd. |
| Owner / Operator | : | Ormat International with minority participation of Itochu Corporation and the Electric Power Development Company (one of Tokyo’s two utilities). |
| Completed | : | 1997 |
| In Commercial Operation Since | : | 1998 |
July, 2000. Daniel Menahem, Access International Vice President for Project Development, signs the PPA for our latest project in Eastern Europe. A 220MW, $250 mil., coal fired power plant.
The project is being developed by Access International on behalf of a partnership with Delphos International and the Slovak Republic power plants manufacturer, SES Tlmace.
