General Electric has been contracted to supply gas turbines for 1,029MW Caithness Moxie Freedom power plant in Luzerne County, Pennsylvania. Under the contract, GE will deliver two 7HA.02 gas turbines for the plant, which will generate electricity enough to power close to one million US homes.
GE will provide two steam turbines, control system, associated equipment and a long-term services contract for the power plant that is jointly developed by Moxie Energy and Caithness Energy. The combined cycle plant is expected to become operational in 2018.
The turbines will operate in single-shaft combined cycle configurations. If necessary, one unit can run while the other is offline, the company said. GE Energy Financial Services, along with its co-leads, is offering $592m in senior secured credit facilities to support the Caithness Moxie Freedom project’s construction and operation, with eight other banks in the syndicate.
BNP Paribas, Citigroup and Mitsubishi UFJ Financial are co-leading the project’s financing. GE Power gas power systems president and CEO Joe Mastrangelo said, “The technology inside our gas turbines comes from across the GE portfolio, and we also have world-class steam tail capability with the addition of Alstom to our business.”
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