Power Group Online Article |  | |
12 July 2006 -- An affiliate of independent power producer Tenaska, Inc. has entered into an agreement to purchase a 50 percent development-stage interest in the proposed Taylorville Energy Center (TEC), a 630-MW integrated gasification combined-cycle (IGCC) generating plant to be located near Taylorville, in Christian County, Illinois, US.
Tenaska is acquiring the interest from The ERORA Group LLC of Louisville, Kentucky, a developer of coal, gas and wind-powered generation facilities. The agreement calls for Tenaska to jointly develop the remainder of the project with The ERORA Group. Tenaska also has an option to purchase the remaining 50 percent of the project's equity.
The IGCC project, which will cost in excess of $1 billion to build, will be fueled with Illinois basin coal using GE gasification technology. The plant also may co-produce synthetic natural gas.
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