NTE Energy awards Mitsubishi Hitachi Power Systems Americas Second order for an M501GAC Gas Turbine

Unit to be installed at Kings Mountain Energy Center

(Lake Mary, FL – March 14, 2016) Mitsubishi Hitachi Power Systems Americas, Inc. (MHPSA) has been selected by NTE Energy (NTE) of Saint Augustine, FL to supply an M501GAC Gas Turbine for another of their power projects, this time for Kings Mountain Energy Center. This plant will be built in Cleveland County, North Carolina and is scheduled to be completed and commercially online in 2018.

Kings Mountain Energy Center, in combined cycle mode will produce 475 megawatts (MW) of electricity, enough to serve 400,000 homes. The plant will be constructed, owned and operated by NTE‘s affiliate, NTE Carolinas LLC.  As one of the most efficient and clean sources of energy in North Carolina, the facility will bring added benefits to the community including jobs, an expanded tax base, annual savings of several million dollars, and a reduced carbon footprint. During construction, the project will provide 250-350 jobs and will employ 25 to 30 permanent full-time employees once complete.

“It was just eight months ago when NTE first contracted MHPSA to supply an M501GAC for their 475 MW Middletown Energy Center,” said David Brozek, Senior Vice President at MHPSA.  “This new order validates two key points, NTE recognizes MHPSA as a trusted, long-term partner, and it reaffirms that we have the most reliable gas turbine technology available to meet their needs,” added Brozek. Independent third-party validation has confirmed the M501GAC, rated at 276 MW has achieved a five-year rolling average reliability of over 99%.

"NTE Energy is excited to partner with MHPSA as the combustion turbine supplier for the Kings Mountain Energy Center,” said Seth Shortlidge, NTE CEO.  “Their advanced combustion turbines provide market-leading efficiency and reliability, while maintaining operational flexibility - exactly what NTE looks for in its development projects.”

The Mitsubishi Hitachi Power Systems G-Series Gas Turbine was the industry’s first Advanced Technology Gas Turbines and to-date has exceeded 2.5 million operating hours.  The turbine to be installed at the Kings Mountain Energy Center will be manufactured at MHPSA’s Savannah Machinery Works (SMW), an ultra-modern manufacturing facility located in GA.  SMW also recently began production and delivery of the M501J-Series gas turbine, the largest, most efficient Advanced Technology Gas Turbine in commercial operation in the world.

Mitsubishi Hitachi Power Systems Americas, Inc.

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