Nitrogen fertiliser manufacturer, Rentech Nitrogen Partners (NYSE MKT: RTK) have chosen Spanish multinational, Abengoa (BMAD: ABG) to construct a cogeneration plant at Pasadena, Texas, US.

Expected to cost around $30m, the plant will generate around 15 MW of electricity when fully operational, a portion of which is intended operate Rentech Nitrogen’s fertilizer plant in Pasadena, Texas.
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The cogeneration plant will use surplus steam from Rentech Nitrogen’s sulfuric acid plant to power the generator.

Rentech Nitrogen also intends to sell excess power produced by the plant in the Texas electricity market.

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