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NTE Energy Picks EPC Contract Finalists for Combined-Cycle Project in Ohio

NTE Energy has finalized the list of engineering, procurement and construction contract bidders for the 500-megawatt power plant in Middletown, Ohio. The finalists include Fluor and Kiewit

Released Monday, November 17, 2014

NTE Energy Picks EPC Contract Finalists for Combined-Cycle Project in Ohio

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Researched by Industrial Info Resources (Sugar Land, Texas)--NTE Energy (Saint Augustine, Florida) has finalized the list of engineering, procurement and construction (EPC) contract bidders for the 500-megawatt (MW) power plant in Middletown, Ohio. The finalists include Fluor Corporation (NYSE:FLR) (Irving, Texas) and Kiewit Power (Lenaxa, Kansas), which is part of Kiewit Corporation (Omaha, Nebraska).

View Project Report - 300152520

The natural gas-fired, combined-cycle plant will have Mitsubishi (Tokyo, Japan) M501JAC gas-turbine generators and a steam turbine, plus heat recovery steam generators (HRSGs). Other major equipment will include a mechanical draft cooling tower, condenser, backup diesel engine, 740-gallon diesel containment tank, and countless smaller equipment.

The project is valued at $500 million.

NTE expects to award the EPC contractor in early 2015. Construction is scheduled to kick off in the summer of 2015, with completion in 2018, contingent on permit approvals, power purchase agreements and the selection of contractors.

NTE Energy also is developing the 237-MW Pecan Creek simple-cycle project in Sweetwater, Texas, and the 480-MW Kings Mountain combined-cycle project in Kings Mountain, North Carolina. NTE already has secured investments for all three projects.

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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