Advanced Power, developer of the Carroll County (Ohio) Energy project, took part in a ceremonial groundbreaking to celebrate the project's start of construction.
Carroll County Energy is a 700 MW combined-cycle natural gas electric generating facility that will sell energy, capacity and ancillary services into the PJM market. An $899 million capital investment, the facility is located 2.5 miles north of Carrollton.
The facility will feature two GE 7F.05 gas turbines and a D602 steam turbine that have the capacity to generate electricity for about 750,000 homes. About 700 construction jobs will be created during peak construction as well as 21 permanent jobs during operation. The facility is anticipated to be fully operational by December 2017.
Advanced Power is a privately owned company, established in 2000, that develops and finances independent power projects in Europe and North America. In addition to Carroll County Energy, Advanced Power is currently developing three projects in the eastern United States, totaling 2,500 MW. Since 2006 Advanced Power has developed 840 MW of generation in Europe. Advanced Power is majority owned by its senior management and is headquartered in Zug, Switzerland, with offices in London and Boston.