# Channelview Cogeneration Plant

ERCOT asset profile · https://askthegrid.com/assets/facilities/channelview-cogeneration-plant

Elliott Investment Management · Harris County · ERCOT

Channelview Cogeneration Plant is a five-generator natural-gas combined-cycle cogeneration facility in Harris County, Texas. EIA's May 2026 inventory reports 918.3 MW nameplate, 761 MW net summer, and 862.2 MW net winter capability across four combustion turbines and one steam turbine. S&P describes a separate 851 MW project scope and reports that Elliott Investment Management acquired the project from Ares in 2025, with Ares retaining a small stake.

## Profile

- **Grid role:** Combined-cycle cogeneration supplying contractual power and steam to the adjacent Equistar complex, with remaining output exposed to ERCOT.
- **Operating configuration:** Four combustion turbines, four heat-recovery steam generators, and one steam turbine.
- **Capacity scope:** EIA reports 918.3 MW nameplate and 761 MW summer capability; S&P uses an 851 MW project scope.
- **Market mapping:** ERCOT's current price listing includes CVC_CC1 and four associated generator points.

## Metrics

- **Net summer capacity:** 761 MW — EIA May 2026 · five generators
- **Nameplate capacity:** 918.3 MW — 4 combustion turbines · 1 steam turbine
- **Net winter capacity:** 862.2 MW — EIA May 2026
- **Project rating:** 851 MW — S&P December 2025 scope
- **Registry anchor:** Plant 55187 — EIF Channelview Cogeneration LLC

## Facts

- **Registered operator:** EIF Channelview Cogeneration LLC — EIA May 2026 · confidence: high
- **Majority owner:** Elliott Investment Management — Ares retained a small stake · confidence: high
- **Project debt:** $260M facilities — $220M term loan · $30M revolver · $10M LOC · confidence: high
- **Operating generators:** 5 — 2001-2002 vintages · confidence: high

## Related parties

- **Operator:** EIF Channelview, LLC — Operator for Channelview Cogeneration Plant ([source](https://aresmgmt.com/))

## Sources

- [EIA May 2026 generator inventory](https://www.eia.gov/electricity/data/eia860m/) — U.S. Energy Information Administration · regulatory — Current generators, capacity scopes, dates, operator, technology, and balancing authority.
- [Cahill Channelview financing](https://www.cahill.com/news/firm-news/2025-07-18-cahill-advises-administrative-agent-and-financing-sources-on-eif-channelview-cogeneration-llc-260-million-financing) — Cahill Gordon & Reindel · official — $260 million acquisition financing structure.

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Canonical page: https://askthegrid.com/assets/facilities/channelview-cogeneration-plant
Website: [Ares Management (EIF Channelview, LLC)](https://aresmgmt.com/)
Profile published: 2026-07-17T03:34:08.576Z
Source: Ask the Grid — https://askthegrid.com/