Connecticut NGCC Secures Financing, Eyes 2018 Operation

SUGAR LAND--April 20, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--New England's generation-starved Power market got a bit of good news recently: Competitive Power Ventures Holdings, LLC (CPV) (Silver Spring, Maryland) achieved financial closing on its Towantic Energy Center, an $800 million, 785 megawatt (MW) natural gas combined cycle (NGCC) generator being built in Oxford, Connecticut. Within this article: Touches on history of the project as well as shedding light on the local opposition it is facing. Additional companies: General Electric (NYSE:GE)