By Editors of Power Engineering
J-POWER Westmoreland LLC, a subsidiary of J-POWER USA Investment Co., has purchased an equity stake in the Tenaska Westmoreland Generating station under construction near Pittsburgh.
The 925-MW plant is now jointly owned by Tenaska and Diamond Generating Corp., which is a subsidiary of Mitsubishi Corp., and now J-POWER, which is a subsidiary of Tokyo-based Electric Power Development Co.
“This acquisition is consistent with our strategy of investing in and developing high-quality power generating facilities which connect to reliable power markets, like PJM,” said Mark Condon, president and CEO of J-POWER USA. “J-POWER USA will actively continue to look for opportunities to expand its North American power generation business.”
Tenaska and J-POWER have held a working relationship on other developments for the past decade.
Construction on the combined-cycle plant should wrap up by 2018.