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Canada,United States : SNC-Lavalin bags EPC Contract for 755MW Keys Energy Center Project
Publish Date : 27-Jul-2015
SNC-Lavalin has secured an engineering, procurement and construction contract for the Keys Energy Center project, a 755-megawatt combined-cycle natural gas-fired power project located in Prince George's County, Maryland.
SNC-Lavalin Constructors Inc will be executing the contract.
PSEG Power, an independent power producer and subsidiary of Public Service Enterprise Group Incorporated (PSEG), through its wholly-owned subsidiary PSEG Fossil has recently purchased the Keys Energy Center project from Genesis Power, LLC and an energy-focused private equity fund managed by Ares EIF Management, LLC.
PSEG Power is planning to rename the facility the PSEG Keys Energy Center. PSEG Fossil will manage the construction and then operate and maintain the combined-cycle plant.
The plant will link to the Potomac Electric Power Company's 500-kilovolt transmission line, adjacent to the property, and will feature two gas-fired turbines and one steam turbine.
It is estimated that the plant will produce upto 700 jobs over the construction, and more than 20 permanent jobs will be created to run the new plant once it becomes operational in 2018.
Mike Ranz, Senior Vice-President, Thermal, SNC-Lavalin said, "We're proud to be part of the PSEG Keys Energy Center project because it will provide clean energy to Maryland, make the energy grid more reliable, and create new jobs and economic opportunity in the region. The project is the third that SNC-Lavalin has won in the northeastern United States in recent years and solidifies our position as a leader in the US power market."
Sandy Taylor, President, Power, SNC-Lavalin said, "SNC-Lavalin is committed to delivering outstanding performance and continually strengthening our project execution capabilities. Through projects such as the PSEG Keys Energy Center, we will continue to use our engineering know-how to execute projects that make a difference."
