GE announced an order from Competitive Power Ventures (CPV) Fairview Energy Center for two 7HA gas turbines and an engineered equipment package to power a combined-cycle facility in Jackson Township, Pennsylvania, USA.
CPV Fairview is expected to add 1050 MW to the grid, providing enough electricity to power the equivalent of more than 1 million average US homes upon commercial operation in 2020.
CPV Fairview will utilize GE’s 7HA.02 gas turbines, a steam turbine, generators and additional controls equipment.
GE Energy Financial Services co-developed the CPV Fairview project and is an equity investor alongside CPV and OGUSA. Together the partners arranged $700 million of senior debt financing which will provide for construction, term, letters of credit, and working capital financing needs of the project. CPV Fairview marks the fourth CPV developed power project using GE’s heavy duty gas turbines in the US.
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