Caithness Energy announced that it has successfully closed a $1.6 billion financing for the construction of a fully-permitted 1,875 megawatt combined-cycle natural gas electric generating facility located in Guernsey County.Click here to continue reading this article.
The financing for the Guernsey Power Station clears the way for the project to move forward to construction.
The proposed facility south of Byesville that will produce enough electricity to power nearly 1.5 million homes.
“Caithness is proud to deliver this state-of-the-art electric generating solution for cleaner, more efficient power into the PJM Market,” said Ross Ain, Caithness Energy president. “Our energy design is cleaner, providing maximum power with minimal impact on the surrounding environment with a dry cooling system that reduces water use by 95 percent compared to traditional facilities.
“We have worked closely with our partners, suppliers and contractors to complete financing and begin construction of this important project. The local community will benefit from up to 1,000 jobs at peak construction and approximately 30 permanent high-tech jobs, all while providing vital funds committed to the Rolling Hills School District that will enable a major school infrastructure construction project.”
Wednesday, September 11, 2019
Construction Set to Begin on Massive $1.6 Billion Gas-Fired Power Plant in Guernsey County
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