NAES Corp signs O&M agreement for US power plant

NAES Corporation has signed an agreement with MinnTex Power Holdings to provide operations and maintenance services for the Guadalupe power project in Texas.

The 1,000MW project consists of two 2-on-1 combined cycle power blocks, based on F technology combustion turbines.

The plant, which began commercial operations in April 2001, also features a zero liquid discharge water and waste treatment facility.

NAES is owned by Itochu International, a US-based subsidiary of Itochu Corporation.