Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

Bechtel Holds Groundbreaking Ceremony Held for Combined-Cycle Energy Project in Ohio

LCG, July 22, 2015-Bechtel announced yesterday the groundbreaking of a new natural gas-fired combined-cycle power plant in Carroll County, Ohio. Bechtel is responsible for the engineering, procurement, construction (EPC) and start-up of the project. EthosEnergy will operate the facility, and Advanced Power will remain as the construction and asset manager. The project is scheduled to be completed and commence commercial operations in 2017.

The Carroll County Energy Facility, located in northeastern Ohio, will be a 700-MW electric generating facility that sells energy, capacity and ancillary services to the PJM market, where a significant number of aging coal-fired power plants have or are scheduled to be retired. The strategically located project is proximate to the Utica and Marcellus natural gas production, together with Kinder Morgan's Tennessee Gas Pipeline system and AEP's 345 kV transmission lines. The project includes two GE 7F.05 gas turbines and a D602 steam turbine.

Bechtel's General Manager - Power stated, "We will be using advanced emissions-control technology to make this plant one of the cleanest and most efficient natural gas power facilities in the United States. This project continues our long history of delivering infrastructure projects in Ohio -- with the support of skilled local workers -- and we have already awarded $15 million worth of contracts to local firms."

Advanced Power announced in April that it had closed a $899 million project financing with its partners TIAA-CREF, Chubu Electric Power Company, Ullico and Prudential Capital Group providing $411 million in equity commitments and BNP Paribas, Credit Agricole and eight other commercial banks providing $488 million in senior secured credit facilities for construction of the project.
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