New PA Private Energy Project Finished Ahead Of Schedule, Now Supplying Efficient, Reliable And Environmentally Responsible Power On PJM Grid

Silver Spring, Maryland — Competitive Power Ventures (CPV) and its partner Osaka Gas today announced that the $1 billion, 1,050-megawatt (MW) CPV Fairview Energy Center (CPV Fairview) in Jackson Township near Johnstown, Pennsylvania has achieved full commercial operation. The project, developed and managed by CPV, uses GE equipment and was constructed utilizing union labor through local and national contractors Kiewit, Charles J. Merlo, Laurel Management and Cenergy. The plant is now supplying natural gas and ethane-fueled combined-cycle electric power to more than one million Pennsylvania homes and businesses.

Thanks to the outstanding team effort with our partner Osaka Gas USA and Kiewit our construction contractor, with General Electric as major equipment supplier, the CPV Fairview Energy Center is now fully operational on budget and significantly ahead of schedule,” said CPV CEO Gary Lambert. “CPV continues to make strides toward modernizing the country’s electric generation supply and improving reliability while addressing sustainability concerns by lowering systemwide emissions, including carbon, by deploying the most efficient technology with the cleanest fuel available – natural gas.”

“Reducing our environmental impact while ensuring grid reliability is a monumental achievement,” said Osaka Gas USA Chairman Eiichi Inamura. “Osaka Gas is proud to have partnered with CPV in bringing CPV Fairview to operational status.”

“The investment in and completion of the Fairview Energy Center is a testament to the commitment of CPV and Osaka Gas to the local community, ensuring residents have access to safe, reliable and cost-effective power,” said Dave Flickinger, executive vice president, Kiewit Energy. “We are very proud to have served as the engineering, construction and procurement contractor on this project and achieving an on-budget, ahead-of-schedule completion.”

CPV Fairview has provided numerous local and regional benefits, including hundreds of millions of dollars in private infrastructure investment, revenue for the state in sales tax made during construction, and significant revenues for local governments and businesses.