Representatives from South Field Energy Partners will be on hand this afternoon to break ground for a $1.3 billion combined-cycle energy plant that is likely to employ more than 1,100 tradesmen during the peak construction phase.
The new plant, scheduled for commercial operation by mid-2021, would be fueled by natural gas and steam. It would be capable of generating 1,182 megawatts of power to the PJM grid, enough power to supply 1 million homes.
Meanwhile, South Field’s parent, Advanced Power, announced Tuesday that it has sold a 15% membership interest to JXTG, a major oil and energy company based in Japan.Read the whole article by clicking here.
Thomas Spang, Advanced Power CEO, said the investment underscores the wide support the project has received in the private sector.