Ares EIF invests in 488MW Birdsboro power plant in Pennsylvania, US

3 Mar 01 Mar, 2017

Ares EIF Group has closed an equity investment for the construction of a 488 MW natural gas-fired combined-cycle generation Birdsboro power plant in Berks County, in the US state of Pennsylvania. The project received a non-recourse debt financing from CIT Bank, GE Energy Financial Services and Investec. The project will feature GE 7HA.02 gas turbine and a GE steam turbine. Kiewit has been retained as the contract for the engineering, procurement and construction of the project. Commercial operations of the plant are expected to begin in Q2 2019

Leave a Reply

Your email address will not be published. Required fields are marked *