Tokyo Gas buys stake in New York gas-fired power plant

Tokyo Gas buys stake in New York gas-fired power plant

Tokyo Gas’ unit Tokyo Gas America acquired a 25 percent interest in a 635 MW Empire natural gas power plant owned by Empire Generating Co. 

The transaction has been carried out through a joint venture company TTK Power, jointly owned with Tyr Energy, a subsidiary of Itochu Corporation and KPIC USA, a unit Kansai Electric Power (Kepco), Tokyo Gas said in a statement.

The first investment by Tokyo Gas in US power generation market, a part of a strategic cooperation with Kepco in a number of fields such as LNG procurement, power plant operation, new power plant development and joint investment into overseas businesses.

The Emire facility located in Rensselaer, New York, has a total power generation capacity of 635 MW using natural gas-fired combined cycle system. The plant has been in operation since 2010.

Share this article

Follow LNG World News


<< Apr 2020 >>
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >