February 1, 2018

NTE Energy Signs Long-Term Power Purchase Agreement with the Town of McCormick, SC

ST. AUGUSTINE, FL – NTE Energy (“NTE”) announced that it has entered into a long-term Power Purchase Agreement with the Town of McCormick, South Carolina.  Under the terms of the agreement, NTE will supply all McCormick’s electric needs for a period of twenty years starting in 2019. READ MORE...

 

January 2, 2018

NTE Energy Begins Serving North Carolina Customers

ST. AUGUSTINE, FL – The new year marked the beginning of electric service provided by NTE Energy in North Carolina.  On January 1st, 2018, five North Carolina wholesale customers began purchasing low-cost energy from the St. Augustine-based energy company.  The Towns of Winterville, Black Creek, Lucama, Sharpsburg, and Stantonsburg NC have long-term Power Purchase Agreements with NTE and successfully began buying power at midnight on January 1st.  READ MORE... 

 

November 14, 2017

NTE Energy Commences Work on the Reidsville Energy Center

ST. AUGUSTINE, FL.- NTE Energy announced that it executed a Large Generator Interconnection Agreement (LGIA) with Duke Energy to connect its second North Carolina power plant to the transmission system. - READ MORE... 

 

August 2, 2017

NTE Energy Secures Army Corps Wetlands Permit for its Reidsville Energy Center

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--NTE Carolinas II, LLC (“NTE”), an affiliate of NTE Energy, was granted its Nationwide Wetlands Permit from the US Army Corps of Engineers on July 27, 2017 for its Reidsville Energy Center. The receipt of this permit, together with the Certificate of Public Convenience and Necessity from the North Carolina Utilities Commission received in January, and the receipt of the Air Permit earlier this month, completes all the major permits needed by NTE to construct the Reidsville Energy Center. READ MORE...

 

July 18, 2017

NTE Energy Secures Air Permit for its Reidsville Energy Center

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--NTE Carolinas II, LLC (“NTE”), an affiliate of NTE Energy, was granted its Air Permit from the North Carolina Department of Environmental Quality – Division of Air Quality on July 14, 2017 for its Reidsville Energy Center. The receipt of this Air Permit, together with the issuance of the final Certificate of Public Convenience and Necessity (“CPCN”) from the North Carolina Utilities Commission in January completes the state and local permitting steps required for NTE to finance and construct the Reidsville Energy Center. READ MORE...

 

June 22, 2017

NTE Energy Secures Certificate of Public Convenience and Necessity for its Fayetteville Solar Energy Center

ST. AUGUSTINE, FL.- NTE Carolinas Solar, LLC. was granted its Certificate of Public Convenience and Necessity (“CPCN”) from the North Carolina Utilities Commission  on June 5, 2017 for its Fayetteville Solar Energy Center, located near Fayetteville, in Cumberland County, North Carolina. - READ MORE...

 

April 17, 2017

MHPSA Natural Gas Combustion Turbine Arrives at the Kings Mountain Energy Center Site

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--NTE Carolinas, LLC (“NTE”), an affiliate of NTE Energy, announces the delivery of Mitsubishi’s GAC combustion turbine to the Kings Mountain Energy Center site, located in Cleveland County, NC. The natural gas-fired combustion turbine was placed on its foundation on April 11, 2017, marking a major milestone for the construction of the facility. Gemma Power Systems, LLC is the Engineering, Procurement and Construction contractor for the project. READ MORE...

 

March 27, 2017

NTE Energy Secures North Carolina Utilities Commission Certificate for its Reidsville Energy Center

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--NTE Carolinas II, LLC (“NTE”), an affiliate of NTE Energy, was granted its final Certificate of Public Convenience and Necessity (“CPCN”) from the North Carolina Utilities Commission on January 19, 2017 for its Reidsville Energy Center, a required approval for the project to commence construction. Currently under development, the Reidsville Energy Center is a 500 MW natural gas-fired electric generating facility, located in Rockingham County, N.C. Once operational, the facility will be a source of clean and efficient electric capacity and energy for many communities and utilities in the Carolinas. READ MORE...

 

January 31, 2017

NTE Energy to implement groundbreaking greenhouse gas reduction program for Killingly Energy Center

ST. AUGUSTINE, Fla. - NTE Energy, a leading power generation developer in the U.S., has taken its commitment to reducing greenhouse gas (GHG) emissions and increasing renewable generation to a new industry level. Read more...

 

August 24, 2016

NTE Solutions’ Fourth Year in a Row on Inc. 5000’s List of Fastest-Growing Companies

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--NTE Solutions (“NTE”), an infrastructure services company serving new project developments and existing facilities, has been ranked by Inc. Magazine as one of the fastest growing private companies in the United States for the fourth consecutive year. NTE Solutions’ has grown at a rate of over 200% in the past three years. Such growth is showcased with NTE’s expansion of its client base for managed services for existing facilities, as well as new project developments across the United States. READ MORE...

 

April 15, 2016

NTE Energy to Develop Three Natural Gas-Fired Combined Cycle Facilities

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--NTE Energy (“NTE”) announced today that it is developing three natural gas-fired electric generating facilities including the Killingly Energy Center, located in Killingly, Conn., the Reidsville Energy Center, located in Rockingham County, N.C., and the Pickaway Energy Center, located in Pickaway County, Ohio. READ MORE...

 

March 11 , 2016

NTE Energy Closes Financing for its Second 475 MW Project

ST. AUGUSTINE, Fla., – NTE Energy, a power developer and energy services provider, announced today that its affiliate NTE Carolinas, LLC (“NTE”), has successfully closed on project financing for construction and operation of its Kings Mountain Energy Center, located in Cleveland County, North Carolina. READ MORE...

 

November 13, 2015

NTE Energy Signs Long-Term Power Purchase Agreements with Four North Carolina Municipalities

ST. AUGUSTINE, Fla., - NTE Energy ("NTE") announces that it has entered into long-term Power Purchase Agreements with the Towns of Black Creek, Lucama, Sharpsburg, and Stantonsburg. Under the terms of the agreement, the municipalities will purchase a portion of the capacity from NTE's Kings Mountain Energy Center. READ MORE...

 

October 2, 2015

NTE Energy Closes Financing for 475 MW PJM Project in Ohio

ST. AUGUSTINE, Fla., – NTE Energy, a power developer and energy services provider, announced today that its affiliate NTE Ohio, LLC (“NTE”), has successfully closed $645 million in project financing for construction and operation of its Middletown Energy Center. READ MORE...

 

June 24, 2015

Winterville Signs Long-Term Power Purchase Agreement with NTE Carolinas, LLC

 Winterville, NC. – The Town of Winterville hereby announces that it has entered into a long-term Power Purchase Agreement with NTE Carolinas. Under the terms of the Agreement, the Town of Winterville will purchase electric power from NTE’s Kings Mountain Energy Center will be located in Kings Mountain, North Carolina. READ MORE...

 

December 15, 2014

NTE Carolinas Signs Long-Term Power Purchase Agreement with Greenwood, S.C.

ST. AUGUSTINE, Fla. – on December 12, 2014, NTE Carolinas, LLC ("NTE") entered into a long-term power purchase agreement with the City of Greenwood, SC to provide power to the city. The terms of the agreement include the provision that Greenwood will purchase a portion of the capacity and energy generated by NTE’s Kings Mountain Energy Center, for an initial term of 20 years. READ MORE...

 

December 8, 2014

NTE Carolinas Signs Long-Term Power Purchase Agreement with Concord, N.C.

ST. AUGUSTINE, Fla. - NTE Carolinas announces that it has entered into a long-term Power Purchase Agreement with the City of Concord, N.C. Under the terms of the agreement, NTE’s Kings Mountain Energy Center will provide Concord with electric generation services for an initial 20 year term. READ MORE... 

 

November 14, 2014

NTE Energy Signs Long-Term Power Purchase Agreement with the City of Kings Mountain, N.C.

ST. AUGUSTINE, Fla. – NTE Energy today announced that it has entered into a long-term Power Purchase Agreement (PPA) with the city of Kings Mountain, N.C. Under the terms of the agreement, Kings Mountain will purchase a portion of the capacity and energy generated by NTE Energy’s Kings Mountain Energy Center for an initial term of 20 years. READ MORE...

 

October 1, 2014

NTE Energy Announced as Rising Star Finalist for Platts Global Energy Award

 ST. AUGUSTINE, Fla. – NTE Energy has been selected as a finalist for the 2014 Platts Global Energy Rising Star – Company Award. Finalists for the awards were selected amongst a pool of over 250 international applications within the energy industry. Over the past 15 years, the Platts Global Energy Awards have signified unparalleled recognition in superior leadership, performance, and innovation within the industry. READ MORE... 

 

July 22, 2014

 NTE Energy Secures Investment for Three Natural Gas-Fired Generation Projects Totaling Up to 1,470 MW

ST. AUGUSTINE, Fla. - NTE Energy, a power developer and energy services provider, has secured an investment for its three natural gas-fired power plants that are currently under development. This investment will allow NTE Energy to complete the development of these projects, valued at over $1.1 billion, and begin construction of all three projects next year. READ MORE...

 

February 17, 2014

NTE Energy to Develop One of the Most Efficient Natural Gas Fired Power Plants in ERCOT

ST. AUGUSTINE, Fla. – NTE Energy announced today that it plans to develop, own and operate one of the most reliable and clean sources of capacity and energy in ERCOT, the Electric Reliability Council of Texas. The Pecan Creek Energy Center, located near Sweetwater, Nolan County, Texas, will generate enough power to supply approximately 200,000 homes and will represent an investment of over $200 million. READ MORE...

 

February 10, 2014

NTE Energy to Develop Natural Gas-Fired Combined Cycle Facility in North Carolina

ST. AUGUSTINE, Fla. – NTE Energy announced today that it plans to develop, own and operate one of the most reliable and clean sources of capacity and energy in the Carolinas. The Kings Mountain Energy Center, located in Cleveland County, NC, will generate enough power to supply approximately 400,000 homes and will represent an investment of over $450 million. READ MORE...

 

January 27, 2014

NTE Energy to Develop One of the Most Efficient Gas Power Plants in the US

ST. AUGUSTINE, Fla. – NTE Energy announced today that it plans to develop, own and operate one of the most efficient natural gas-fired power plants in the United States. The Middletown Energy Center, located in Middletown, Butler County, Ohio, will generate enough power to supply approximately 400,000 homes and will represent an investment of over $500 million. READ MORE...

 

October 2, 2013

NTE Energy Announced as Finalist for Two Platts Global Energy Awards

ST. AUGUSTINE, Fla. – Out of over 200 nominations from 26 different countries, NTE Energy has been selected as a finalist for two of the energy industry’s most prestigious awards: the Platts Global Energy Awards’ Rising Star – Company award and Sustainable Innovation award. The 2013 Platts Global Energy Awards represent 15 years of celebrating the industry’s top innovative companies who have demonstrated proven leadership and superior performance. READ MORE...

 

September 12, 2013

Mitsubishi Power Systems Americas and NTE Development Reach Agreement

ST. AUGUSTINE, Fla. – Mitsubishi Power Systems Americas, Inc. (MPSA) and NTE Development have agreed to collaborate on the development of select power generation projects in the United States and Canada. NTE Development's portfolio of development projects will feature Mitsubishi's industry leading, advanced combustion-based generating equipment, technology and services. READ MORE...