BOSTON, September 3, 2019: Morgan Lewis represented Caithness Energy and Apex Power Group in connection with the development and project financing of the Guernsey Power Station, an approximately 1,850 megawatt combined-cycle, natural gas-fired power generation project in southeastern Ohio.
New York, NY: Caithness Energy announced today that it has successfully closed a $1.6 billion financing for the construction of a fully‐permitted 1,875 megawatt combined‐cycle natural gas electric generating facility located in Guernsey County, Ohio known as Guernsey Power Station, clearing the way for the project to move forward to
The 1.8GW Guernsey Power Station in Ohio, US, was jointly developed by Caithness Energy and Apex Power Group with an investment of $1.6bn. Construction on the combined-cycle natural gas electric generating facility began in August 2019 and the plant became operational in June 2023.
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The power plant, constructed by the Connecticut-based company Gemma Power Systems, employed numerous local contractors to complete the $1.7 billion project. Three General Electric turbine generators, one steam-powered and two natural-gas-powered, are expected to generate 1,875 megawatts of electricity, up from the original estimate of 1,100
Apex Power Group, LLC is developing Guernsey Power Station, LLC (GPS), with a projected generating capacity of 1100 megawatts. At its core, GPS will consist of two state-of-the-art, natural gas-fired combustion turbines, resulting in improved electric-generating efficiency and reliability for Ohio.
The Guernsey Power Station has a project page website created by the Caithness Energy LLC that lists the project overview, its development facts and its intended economic benefits. According to the site, the project consists of building a proposed "1650-megawatt, natural gas fired energy generation facility."
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