North Carolina buys from Florida

Florida-based NTE Energy has entered into long-term Power Purchase Agreements with four more North Carolina (NC) municipalities. Under the terms of the agreement, the municipalities will purchase a portion of the capacity from NTE’s Kings Mountain Energy Center. NTE broke ground on the Kings Mountain Energy Center on July 28, 2015, with Gemma Power Systems, LLC building the facility under a fully wrapped Engineering, Procurement and Construction Services contract. The facility will be one of the most efficient and clean sources of capacity and energy in the Carolinas employing Mitsubishi’s GAC turbine technology in a combined-cycle configuration.