CPV Breaks Ground for Gas-Fired 1,350 MW Texas Plant


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - Competitive Power Ventures (CPV) announced Thursday 
(11/20) it has officially broken ground on a 1,350-megawatt combined-cycle 
natural gas power plant in the Permian Basin.

   The CPV Basin Ranch Energy Center will provide much-needed, dispatchable 
generation to Texas utility ERCOT, CPV said in a statement.

   The project represents an investment of approximately $2 billion and will 
result in over $400 million in local tax revenue throughout the life of the 
project.

   Gemma Power Systems will lead construction efforts for the project, which 
will be equipped with turbines provided by GE Vernova.




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