Power
Newark Energy Center Begins Commercial Operations
The 655-mwgawatt Newark Energy Center is now fully operational.
Released Thursday, September 10, 2015
Reports related to this article:
Project(s): View 1 related project in PECWeb
Plant(s): View 1 related plant in PECWeb
Researched by Industrial Info Resources (Sugar Land, Texas)--The Newark Energy Center, a 655-megawatt (MW), combined-cycle power generating station located in New Jersey, began commercial operations last month following its completion by Energy Investors Funds (EIF) (New York, New York).
Built in the heart of Newark, the plant utilizes two General Electric (NYSE:GE) 7F.05 Gas turbines and will generate enough electricity to power 700,000 homes throughout the state. The new facility will sell its energy and capacity into the PJM Interconnection capacity market.
The Newark Energy Center sits on 23 acres of industrial land, with close proximity to natural gas supply and electrical interconnection.
The project had a total investment value of $800 million, and engaged Skanska USA-(New York, New York) as the general contractor for the project. NAES Corporation will be responsible for providing operations and maintenance and energy management services.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
/news/article.jsp
false
Want More IIR News Intelligence?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Explore Our SolutionsRelated Articles
-
Hess Corporation Cuts 2015 Capital Spending to $4.7 Billion ...January 29, 2015
-
Winter Season Expected to Begin With Bang as $28 Billion in ...September 14, 2012
Industrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Discover Our DatabaseIndustry Intel
-
2026-2027 Investment Radar for Mexico, Central America & the CaribbeanPodcast Episode / May 29, 2026
-
Innovations Shaping the Next Era of Power GenerationPodcast Episode / May 22, 2026
-
The Role of Contract Manufacturing in Global Pharma GrowthPodcast Episode / May 8, 2026
-
2026 North American Labor OutlookPodcast Episode / Apr 24, 2026
-
2026 European Metals & Minerals Project Spending OutlookPodcast Episode / Apr 7, 2026