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 15 , 2016

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

ST. AUGUSTINE, Fla. – 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...

 

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

November 13, 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... 

 

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...

 

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...

 

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...

 

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... 

 

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... 

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...

 

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...

April 24, 2014

NTE Energy Expands Commercial Group as Power Projects Progress

ST. AUGUSTINE, Fla. – As NTE Energy’s natural gas power projects continue to advance, the team has expanded its commercial group to include energy industry veteran Tom Noelle as senior director, commercial. With nearly 30 years of industry experience in business development, commercialization and origination, Noelle joins the company from Xtreme Power, where he was responsible for the origination and commercial development of energy storage projects. 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...

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...

 
 

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...

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...

 

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...