AndhraNews.net
Home » Business News » 2012 » July » July 24, 2012

Competitive Power Ventures' 663-Megawatt, Combined-Cycle Power Plant in New Jersey Stuck in Litigation, an Industrial Info News Alert


July 24, 2012 - SUGAR LAND, TX

Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Competitive Power Ventures LLC (CPV) (Silver Spring, Maryland) wants to spend about $900 million to build a 663-megawatt (MW), combined-cycle, natural gas-fired generator in New Jersey. Regulators from New Jersey and PJM (the grid operator serving Pennsylvania, New Jersey and Maryland) also want CPV to build that generator, the Woodbridge Energy Center. New Jersey's businesses and homeowners probably would welcome Woodbridge. But incumbent generators in PJM have delayed the start of construction with state and federal litigation.

Other companies featured: General Electric Company (NYSE:GE)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=226331&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Joe Govreau
713-783-5147

MarketWire

Comment on this story

Share