PJM Interconnection on June 21 filed with the Federal Energy Regulatory Commission a revision to an unexecuted Interconnection Service Agreement with Clean Energy Future-Lordstown LLC and interconnecting transmission owner American Transmission Systems Inc. (ATSI).
The revision is needed to reflect a change of contact information for Clean Energy, which is now: Clean Energy Future-Lordstown LLC, c/o Andy Seelman, PurEnergy LLC, 4488 Onondaga Boulevard, Syracuse, NY 13219, Attention: Barry Brits, General Manager, Phone (508) 615-2745, Barry@LordstownEC.com.
The project is under PJM Queue Position #Z2-028. It is the Lordstown Energy Center, located on Henn Parkway, Lordstown Industrial Park, Route 45, Lordstown, Ohio. Maximum Facility Output will be 800 MW. This is a combined cycle facility consisting of two gas turbine generators and one steam turbine generator. The commercial operation target date is Dec. 28, 2018.
Macquarie Infrastructure Partners III LP (MIP III), along with Siemens Financial Services (SFS), had announced on April 6 that they have entered an agreement to construct the Lordstown Energy Center (LEC). The developer of the project, Clean Energy Future, will retain an interest in the project. Siemens will act as the Engineering Procurement Construction (EPC) contractor and provide the gas turbines, a steam turbine, and generators. The facility will be a 2×1 combined cycle power plant, featuring Siemens H-class technology.
MIP III will provide 73% of the equity investment and Siemens Financial Services will provide the remaining 27%. A consortium of banks led by Industrial & Commercial Bank of China, Credit Agricole, Bank of America Merrill Lynch and Investec, will provide the $445 million term debt to fund the construction.
