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U.S. Department of Energy
Office of Scientific and Technical Information

GE will finance 614-MW cogeneration plant

Journal Article · · Public Utilities Fortnightly; (United States)
OSTI ID:5301085

The General Electric Power Funding Corporation, a unit of GE Capital, will provide up to $870 million in construction and permanent financing, and letters of credit to Cogen Technologies of Houston, Texas. The agreement will fund the construction of a 614-megawatt (MW), combined-cycle cogeneration plant to be built in Linden, New Jersey, and for the purchase of gas properties. The plant will be owned by Cogen Technologies. The financing is one of the largest packages ever for a cogeneration plant, GE said.

OSTI ID:
5301085
Journal Information:
Public Utilities Fortnightly; (United States), Journal Name: Public Utilities Fortnightly; (United States) Vol. 125:8; ISSN 0033-3808; ISSN PUFNA
Country of Publication:
United States
Language:
English