Cricket Valley Energy Center, an approximately 1,100 MW combined-cycle natural gas-fired electric generation facility in Dover, New York is being constructed by Advanced Power in partnership with JERA Co., Inc. (half-owned by each of Chubu Electric Power Company and TEPCO Fuel & Power); TIAA Investments; Black-Rock Financial Management Inc.; Development Bank of Japan, Inc.; and NongHyup Financial Group (under the direction of the Nation Agricultural Cooperative Federation of Korea)
Advanced Power closed the $1.584 billion project financing in January 2017 and immediately began construction on the state-of-the-art facility. Located in Dover, New York, Cricket Valley Energy Center is strategically located adjacent to the Iroquois natural gas pipeline and will sell energy, capacity and ancillary services to the New York Independent System Operator (NYISO) energy market with interconnection through Con Edison’s nearby 345 KV transmission line.
The facility will use General Electric gas power equipment to produce enough electricity to power approximately one million homes in the Hudson Valley. Bechtel, a global leader in the design and execution of complex power projects for more than 60 years is building the project under a turnkey construction contract. The project will create 1,100 jobs during its peak construction period and 80 permanent direct and indirect jobs when the facility is operational. Advanced Power was the lead developer and is the lead construction and asset manager.Visit Website