SNC-Lavalin Wins Contract for Natural Gas-Fired Plant in Maryland

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Researched by Industrial Info Resources (Sugar Land, Texas)--SNC-Lavalin (TSX:SNC) (Montreal, Quebec) has been selected as engineering, procurement and construction contractor for the Keys Energy Center in Prince George's County, Maryland.

The 735-megawatt (MW), combined-cycle natural gas project has a total investment value of $760 million. It recently was acquired by PSEG Power, a subsidiary of Public Service Enterprise Group (NYSE:PEG) (PSEG) (Newark, New Jersey). PSEG also will operate and maintain the plant once it is operational.

Construction is slated for completion by September 2018.

The Keys Energy Center will connect to the adjacent Potomac Electric Power Company's 500-kilovolt (kV) transmission line. The project consists of two Siemens (NYSE:SI) heavy-frame combustion turbines and one steam turbine. The project is expected to generate 700 construction jobs and more than 20 permanent jobs when it becomes operational.

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