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Released on Wednesday, August 13, 2014

Power

Northland Power, Enventure Partners Plan Natural Gas Facility in Illinois

A natural gas, combined cycle power facility is planned for McHenry County, Illinois

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Researched by Industrial Info Resources (Sugar Land, Texas)--Northland Power (Toronto, Canada) and Enventure Partners LLC (Miami, Florida) plan to develop a 430-megawatt (MW), combined-cycle, natural gas power unit, to be located in McHenry County, Illinois. The project is in the developmental stage, but is expected to move into the construction phase by the beginning of fourth-quarter 2015. Northland Power will lead the project's development.

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The project will include a one-on-one combined-cycle unit, which will have a General Electric (NYSE:GE) (Fairfield, Connecticut) Series 7 gas turbine. The heat-recovery steam generator (HRSG) will be duct-fired. The facility also will have a GE steam turbine.

The project has a total investment value of $450 million.

Opposition to the project has centered around the water to be used in the Oakwood Hills area. The Oakwood Hills community gets its water from an aquifer, and members of the community are worried about the depletion of the resource. The developer is looking at alternatives, such as the Fox River, which could be used to cool the facility. Members of the community also are concerned that the facility could lower local property values.

The developers anticipate the community and permitting authorities will approve the project by the third quarter of 2015, and plan to begin construction early in the fourth quarter of 2015. The project is expected to begin commercial operations by the summer of 2018.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three 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.
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