Powered by
MidAmerican Energy Company has filed a request with the Iowa Utilities Board (IUB) to build the $3.6bn Wind XI, which would be the largest wind generation project that the company has ever undertaken.The company will scout for final locations for its Wind XI development while the IUB considers the project filing request. Wind XI is expected to add up to 2,000MW of wind power capacity in Iowa.The project will generate approximately $12.5m per year in property tax payments, $18m per year in landowner payments, and $48m per year in state and local expenditures associated with the project.The company has requested IUB to sanction its rate-making principles by September 2016 so it can take full advantage of the extended production tax credit available for the construction of new wind projects.MidAmerican Energy CEO and president Bill Fehrman said: “Once the project is complete, we will generate wind energy equal to 85% of our annual customer sales in Iowa, bringing us within striking distance of our 100% renewable vision.”
Enel Green Power North America (EGPNA), a subsidiary of Enel, has begun construction on the Cimarron Bend wind farm in the US, which will entail an investment of about $610m.Located in Clark County, Kansas, the wind farm will be owned by Cimarron Bend Wind Project, a subsidiary of EGPNA. When completed, Cimarron Bend will have a total installed capacity of 400MW and will be able to generate around 1.8TWh annually, which will be sufficient to cater to the annual consumption needs of more than 149,000 US households. It will also prevent the emission of around 1.3m tonnes of CO2 each year.The power and renewable energy credits from Cimarron Bend will be sold under two 200MW bundled, long-term power purchase agreements with Google and Kansas City Board of Public Utilities (BPU) respectively. The project is slated to begin operations by 2017. It is financed through the Enel Group's own resources.Enel Green Power head Francesco Venturini said: "This project marks a major milestone for Enel, as not only will Cimarron Bend be the largest asset in our portfolio, but it also opens our renewable energy to new partners and uses."As we continue to invest and grow in the US we aim to cooperate with companies and partners that share the same vision for a more sustainable future."
TransCanada has been selected to construct, own and operate the Tula–Villa de Reyes natural gas pipeline in Mexico.Estimated to cost about $550m, the 36-inch diameter, 420km pipeline will start at Tula in the state of Hidalgo, and go up to Villa de Reyes, in the state of San Luis Potosí.It will be used to transport natural gas to power generation facilities in the central region of the country. The new pipeline will be linked with TransCanada's Tamazunchale and Tuxpan–Tula pipelines, as well as with other transporters in the region.With the Tula–Villa de Reyes pipeline, TransCanada will be operating six natural gas pipeline systems in Mexico representing an overall investment of about $3.6bn.Mexico's state-owned power company Comisión Federal de Electricidad (CFE) will aid the construction of the pipeline with a 25-year natural gas transportation service contract for 886m cubic feet per day.Tula–Villa de Reyes pipeline is slated to be operational by early 2018.TransCanada president and CEO Russ Girling said: "The Tula–Villa de Reyes Pipeline complements our existing pipeline network in Mexico and furthers our strategy of owning and operating highly contracted and regulated assets that generate stable and predictable earnings and cash flow streams."
Siemens Financial Services (SFS) and Macquarie Infrastructure Partners III (MIP III) have agreed to construct a natural gas-fueled power plant worth more than $800m on a 150-acre property in Lordstown, Ohio. MIP III and SFS will provide 73% and 27% of the equity investment to help realise the project.Siemens has been chosen as the turnkey supplier for the 940MW natural gas-fired combined cycle power plant. The company will supply two gas turbines, one steam turbine, two generators as part of the gas turbine packages, one generator as part of the steam turbine package, and an integrated plant control system. The clean power produced at the Lordstown Energy Centre will be delivered to the PJM market, which serves approximately 800,000 homes. The plant will replace a portion of the more than 18GW of coal-fired generating capacity in the region.Clean Energy Future, the developer of the project, will retain an interest in the project, which is slated to be operational in summer 2018.During the development and construction phase, approximately 450 people will be employed in union positions. A consortium of banks led by Industrial & Commercial Bank of China, Credit Agricole, Bank of America Merrill Lynch and Investec will finance the project with a $445m term debt.Siemens Power and Gas Division North America sales head and senior vice president John Gibson said: “As we look at the future of power generation in the United States, projects like the Lordstown Energy Center provide an example of how communities can harness cleaner-burning and affordable natural gas to provide efficient and reliable power.”
Alliant Energy has received a verbal approval from The Public Service Commission of Wisconsin (PSCW) to begin construction on its Riverside Energy Center expansion project near Beloit, Wisconsin.The Riverside Energy Center expansion was first announced in late 2014. It will be built near Alliant Energy’s existing 675MW, natural gas-fired generating station.The project is valued at $700m, excluding transmission and AFUDC costs. It will substitute about 640MW of older Wisconsin coal and gas units and once completed will be powering more than 535,000 homes.Riverside Energy Center expansion project is scheduled to break ground later in 2016 and it is expected to be operational by early 2020. It will create more than 1,000 construction jobs in the region.The PSCW approval is contingent on Alliant Energy obtaining other state and federal permits for the project.Alliant Energy chairman, president and CEO Patricia Kampling said: “This is a major step forward as the Riverside project is a critical part of our mission to provide reliable, cost-effective energy to our customers for many years to come. “This highly efficient generating station will modernize our generating operations and further our transition to cleaner energy sources.”
Dominion Virginia Power has received approval from the Virginia State Corporation Commission to build a $1.3bn natural gas-fired power plant in Greensville County, Virginia.Greensville Power Station will be constructed on a 55-acre site that is situated on either side of the Greensville/Brunswick County line. It will generate 1,588MW of electricity, enough to supply to 400,000 customers.The plant will be just a few miles away from Dominion's Brunswick Power Station, which is expected to be fully operational in April 2016.The power plant will have low carbon intensity as it will utilise clean-burning natural gas, combined cycle technology and competent control technology to reduce emissions. It will also have lower water usage that will minimise the impact to rivers and streams.Construction of the plant is scheduled to begin later in 2016. The project will create over 1,000 construction jobs and about 45 full-time vacancies once operational in 2019. Dominion Generation Group CEO Paul Koonce said: "This project will ultimately bring low cost, reliable electricity to our customers while saving them $2bn over the life of the plants' operation, in addition to providing a major economic impact and good-paying jobs for Southside Virginia."
The US Department of Energy (DOE) has approved and agreed to participate in Clean Line Energy Partners’ Plains & Eastern Clean Line transmission project.Estimated to cost $2.5bn, the project is due to be the largest clean energy infrastructure project in the US. It will offer 4,000MW of low-cost, clean power from the Oklahoma Panhandle region to customers in Arkansas, Tennessee and other states in the Mid-South and Southeast through a 705-mile direct current transmission line. The power generated is expected to be sufficient for over one million American households.The project will be entirely funded by private investment, and is anticipated to create thousands of jobs in Oklahoma, Arkansas, and Tennessee. It will include the construction of a 500MW converter station in Arkansas.Clean Line Energy Partners president Michael Skelly said that the regulatory nod will allow construction work to begin in 2017.
Jersey Central Power & Light (JCP&L) has commenced construction work on a new substation project in Monmouth County, New Jersey.The project, part of JCP&L's multi-year $250m transmission system reliability enhancement program, is estimated to cost $124m. Nearly $97m will be spent for the project in 2016.Work will include the construction of a new 16-mile, 230kV transmission line along existing right-of-way with steel pole construction to connect JCP&L substations in Howell and Neptune. The project will also involve the reconstruction of an existing 230kV transmission line connecting substations in Colts Neck and Neptune using steel poles, as well as installation of new equipment in the substations such as circuit breakers and remote-control communications equipment. The new transmission line is due to be operational by June 2017.JCP&L president Jim Fakult said: "This transmission project will make our system in Monmouth County more resilient and help meet the growing demand for electricity in the region. "Along with the greater redundancies provided by the new transmission line, the high-tech substation devices we plan to install will give us the ability to operate the system remotely, automatically resetting the equipment instead of having to send a line crew to investigate the cause of the problem."
Técnicas Reunidas has secured a contract worth $800m from Pemex Transformación Industrial to deliver the second phase of the ultra low sulphur diesel project at the General Refinery Lazaro Cardenas in Minatitlan, Mexico.This phase will include the engineering, procurement, construction and commissioning of two new refining units - a diesel hydrodesulphurisation unit (30,000bpd) and sulphur recovery plant (150tpd). Expected to be completed within a 36-month period, this phase will also include upgrades to an existing hydrodesulphurisation unit, the corresponding auxiliary services, as well as the integration of the facilities outside battery limits for these plants. Técnicas Reunidas won a contract for the $50m first phase in September 2014. This phase involved the execution of an extended basic design, a detailed estimation of the investment cost and the purchase of long-term delivery equipment. The project is part of the development plans being carried out by Pemex Transformación Industrial within the Fuel Quality Project at their refineries across the country, and entails investment of $5.5bn. The works are expected to create 12,000 direct jobs and 31,000 indirect jobs.
DTE Gas has announced plans to invest $1.4bn to modernise its natural gas pipeline infrastructure in Michigan over the next five years.The investment will be used to upgrade the company’s cast iron and steel main pipelines with newer and more durable material, as well as for installation of new service lines for homes and businesses. Over 100 miles of gas main lines are due to be replaced this year.Work will also involve the relocation of natural gas meters from the interior portion of homes and businesses and replacing them with modernised meters on the exterior, and upgrades to the compressor stations.DTE Gas president and COO Mark Stiers said: "Replacing older gas lines with the latest in pipeline material ensures that our natural gas system remains safe for our customers. The key to maintaining a safe pipeline system is our regular inspections and maintenance of the lines."
Gemma Power Systems has received full notice to proceed to start construction on a 475MW natural gas-fired power plant in Kings Mountain, North Carolina.The company has secured an EPC services contract from NTE Energy affiliate NTE Carolinas for the project, which is expected to be completed in the second half of 2018.The facility will incorporate an advanced Mitsubishi Hitachi Power Systems Americas M501GAC combustion turbine generator, a Vogt Power International supplementary-fired heat recovery steam generator, along with a Toshiba America Energy Systems steam turbine generator.The power generated by the plant will be sold to nine municipal and state owned utilities in North Carolina and South Carolina, under individual long-term power sale agreements. The project is being funded by a group of nine financial institutions, led by ING Capital and MUFG Union Bank, which offered $387m in various senior secured credit facilities. Capital Dynamics and Wattage Finance-NC, LLC is providing $218m in equity commitments for the project.
Aecom Capital and FFP New Hydro have formed a new partnership to develop and build six hydropower projects on the Muskingum River in southeastern Ohio.The six projects, developed by the Muskingum River Hydro partnership, are expected to produce a total of 23MW, which is sufficient to power 11,500 households. The projects will entail an investment of over $100m.Four of these projects have already secured Federal Energy Regulatory Commission licenses. The low-impact generation facilities will be added to existing lock and dam structures, which are owned and operated by the Ohio Department of Natural Resources.The projects are anticipated to commence construction in 2017 and will be operational by 2018. Each project is anticipated to create 100 to 150 jobs during the construction phase, and continued staffing and service employment during operations.Aecom Capital CEO John Livingston said: “Muskingum River Hydro LLC represents an attractive opportunity for Aecom Capital to strengthen our commitment to clean energy projects and invest and develop in new hydropower on existing dams alongside the industry leading team of investors and developers at FFP New Hydro.”
ONEOK Partners has completed the first phase of the Roadrunner Gas Transmission pipeline project in West Texas, US.
Duke Energy Progress has secured approval from the North Carolina Utilities Commission to build two 280MW combined cycle natural gas-fuelled electric generating units in Asheville, North Carolina.
Power and automation technology group ABB has secured a contract worth about $130m from Great River Energy to upgrade a high-voltage direct current connection (HVDC) transmission system in the US.
Florida Power & Light Company (FPL) has broken ground on three new solar power plants in Florida.
With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY
World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2022 GlobalData. All rights reserved. 
