Kindle Energy Breaks Ground on Blackstone-Backed $1.2 Billion Natural Gas Power Generation Facility in West Virginia
Blackstone Inc. (BX)
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Source: Business Wire
WEST VIRGINIA & NEW YORK--(BUSINESS WIRE)--Kindle Energy today announced it has broken ground at Wolf Summit Energy (“Wolf Summit”), a previously announced fully contracted, 600-megawatt greenfield combined-cycle gas turbine (“CCGT”) power generation facility in Harrison County, West Virginia backed by Blackstone (NYSE: BX), through funds affiliated with Blackstone Energy Transition Partners (collectively, “Blackstone Energy Transition Partners”).Wolf Summit will be the first-ever combined-cycle natural gas power plant built in West Virginia and is designed to help deliver efficient and reliable power to meet the growing energy needs of Old Dominion Electric Cooperative (ODEC), which serves approximately 1.5 million residents across Virginia, Maryland and Delaware. The project is expected to create 500 construction jobs, as well as spur additional local economic development.Lee Davis, Kindle Energy CEO, said: “Kindle Energy is excited to bring Wolf Summit to West Virginia to serve
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