NTE Energy is investing $2bn in the construction of three natural gas-fired combined cycle facilities in the US.

The 1,000MW Pickaway Energy Center being built in Ohio will see an investment of more than $900m.

The 500MW Reidsville Energy Center in North Carolina, and another 500MW facility Killingly Energy Center in Connecticut will each cost more than $500m.

Construction on the three facilities will begin between 2017 and 2018, with plans to fully commission between 2020 and 2021.

During construction, the three natural gas-fired plants are expected to create nearly 1,050 jobs.

"Electricity generated at the Pickaway Energy Center will be enough to power nearly 800,000 homes."

When operational, each of the three facilities will employ approximately 25 full-time positions.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Electricity generated at the Pickaway Energy Center will be enough to power nearly 800,000 homes.

The Killingly Energy Center and the Reidsville Energy Center will each be capable of powering approximately 450,000 homes.

NTE Energy CEO Seth Shortlidge said: "Following the commencement of construction on NTE’s Kings Mountain Energy Center and Middletown Energy Center, we are excited to announce the next three projects in our portfolio.

"We look forward to developing efficient power to fulfil the growing demand for clean, reliable generation."

NTE’s Kings Mountain Energy Center in North Carolina and Middletown Energy Center in Ohio are currently under construction, with expected commercial operation in 2018.

In March, the company closed financing for construction and operation of its Kings Mountain Energy Center, which is a 475MW natural gas-fired electric generating facility.

The company’s Pecan Creek Energy Center in West Texas is expected to start construction in the third quarter of 2016.