With demand for clean and affordable electricity growing within Virginia, Balico, LLC, Gemma Power Systems, and MHPS are proud to be teaming up to deliver the worlds highest efficiency combined cycle power plant. When completed in 2022, the Chickahominy Power Station will provide in excess of 1,600 MW of clean and economic electricity in support of expected regional growth. The station is named to honor the Chickahominy Nation, an indigenous people that have populated the lands in east-central Virginia near Richmond for centuries.
Following a vigorous bidding and evaluation process in collaboration with our partner Gemma Power Systems, Balico selected MHPS J Class turbines as the best suited for our project objectives, said Irfan K. Ali, Managing Member of Balico, LLC. This was confirmed during my recent trip to Japan, during which I was able to visit the MHPS T-Point facility where they demonstrate their industry-leading performance under real-time grid-dispatched conditions, he added.
We appreciate the collaborative approach MHPS takes and their commitment to execution, said William F. Griffin, Jr., Chief Executive Officer of Gemma Power Systems. MHPS continues to be on the cutting edge of combined cycle technology and this facility will highlight their latest offerings for the single shaft arrangement.
Were happy to be selected by Chickahominy Power and their parent, Balico, to bring reliable and low carbon electricity to the residents of Virginia, said Paul Browning, President & CEO of MHPS Americas. Generators today want to satisfy electricity demand while reducing carbon footprint and they are selecting our Advanced Class Gas Turbines to bring a Change in Power.
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Virginia is experiencing substantial regional investment from technology companies and data centers, driving a need for more electricity. The M501JAC turbine uses air-cooled condensers to reduce water usage for cooling which is important to the region surrounding the plants location. The plant will use natural gas from the Marcellus shale formation.
Configured with three 1×1 M501JAC powertrains, the plant supplies power into the PJM regional transmission grid. The project is slated for completion in 2022 and is expected to provide 800 to 1,000 skilled construction jobs over the course of the three years of construction. The plant anticipates having 35 permanent operational positions when the facility is completed.
Balico, LLC is a Herndon, Virginia based company which owns Chickahominy Power, LLC. The Balico team consists of senior energy professionals formerly with industry leading development and advisory companies who have teamed with Mr. Irfan Ali to successfully execute energy related project opportunities. Collectively, the Balico team represents over 200 years of experience in the energy industry.