PRESS RELEASE

 

September 9, 2013

 

MPSA and NTE Development have agreed to collaborate

on the development of select power generation projects

in the United States and Canada

 

ST. AUGUSTINE, FL. - 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.

 

“NTE Development has proven experience and extensive market knowledge that, when combined with MPSA’s innovative and proven technology, will result in the development and operation of some of the cleanest and most efficient electric generating facilities in North America,” said David Walsh, MPSA Senior Vice President of Marketing, Projects and Services.

 

“This collaboration with MPSA gives NTE Development access to Mitsubishi’s strong portfolio of electric generation technologies, allowing us to provide our customers with reliable, clean and efficient energy for decades to come,” said Seth Shortlidge, President and CEO of NTE Development.

 

About Mitsubishi Power Systems Americas, Inc.

Mitsubishi Power Systems Americas, Inc. (MPSA) was established in 2001 and is headquartered in Lake Mary, Florida with key operations in Orlando, FL, Savannah, GA, Newport Beach, CA, and Houston, TX. MPSA provides a wide variety of products and services for the electric power generation industry including gas, steam, wind and geothermal turbines, boilers, and selective catalytic reduction systems. The company’s ultimate parent is Mitsubishi Heavy Industries, Ltd. (MHI), a diversified Fortune “Global 150” company with more than $30 billion in annual revenues and 40,000 employees worldwide. MHI is an international leader in the design and supply of energy, aerospace, machinery, transportation, and environmental systems and equipment.

 

About NTE Development Company, LLC

A subsidiary of NTE Energy, NTE Development is focused on developing and acquiring electric generation and transmission projects across the US and internationally.

NTE Energy is also the parent company of NTE Solutions and NTE Hybrid. NTE Solutions is an energy and infrastructure services provider. The team has expertise in marketing, development, engineering, legal and regulatory affairs, with executive staff previously holding leadership roles in major energy, legal, and construction/engineering firms. NTE Solutions’ project teams work collaboratively across disciplines to provide high-value solutions to clients in the power, water and oil & gas industries.

 

NTE Hybrid has developed and patented hybrid technology that integrates proven combustion and steam generating technologies into a single, efficient, hybrid renewable power generation facility.

 

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Mitsubishi Hitachi Power Systems Americas, Inc.

400 Colonial Center Parkway  |  Lake Mary, FL 32746 USA

1-407-688-6100

 

 

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