NTE Energy to develop three natural gas-fired combined cycle facilities
NTE Energy, a company focused on the development and acquisition of strategically located electric generation and transmission facilities within North America, has announced that it is developing three natural gas-fired combined cycle facilities representing a total investment of approximately US$2 billion in the eastern United States.
These facilities includes the 500 MW Killingly Energy Center, located in Killingly, Connecticut, the 500 MW Reidsville Energy Center, located in Rockingham County, North Carolina, and the 1,000 MW Pickaway Energy Center, located in Pickaway County, Ohio. The facilities will be employ advanced turbine technology in combined cycle configurations.
Once complete, the 1,000 MW Pickaway Energy Center will be capable of powering approximately 800,000 homes and represent an investment of over US$900 million.
The 500 MW Killingly Energy Center and the 500 MW Reidsville Energy Center will each be capable of powering approximately 450,000 homes and represent an investment of over US$500 million each.
The facilities are scheduled to begin construction between 2017 and 2018, and are expected to reach full commercial operation between 2020 and 2021.
Seth Shortlidge, CEO of NTE Energy, said:
“Following the commencement of construction on NTE’s Kings Mountain Energy Center and Middletown Energy Center, we are excited to announce the next three projects in our portfolio. We look forward to developing efficient power to fulfill the growing demand for clean, reliable generation.”
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