Porto de Sergipe 1.5GW combined-cycle power plant

Overview:

• Porto de Sergipe 1.5GW combined-cycle power plant
• Brazilian electrical company Centrais Eléctricas Sergipe (Celse) has entered an engineering, supply and construction (EPC) contract with General Electric (GE).
• The EPC will cover about 80% of the project's total costs.
• The plant will be located near Aracaju, the capital of the northern Brazilian state of Sergipe.
• Investor Golar Power holds a 49% interest in Celse.
• The remaining 51% interest is held by EBRASIL.
• GE was represented by in-house counsel.
• The plant is expected to begin operating by 2020.

Kurt Stumpo - Journalist