Magnolia Power project debt closed

In:

Power

Region:

Americas

By Sean Keating

Kindle Energy-owned Magnolia Power has closed on the debt to finance its $865 million 700MW CCGT project in Plaquemine, Iberville Parish, Louisiana.The project, which will be capable of using 50% hydrogen as feedstock from start of operations in 2025, is underpinned by a 20-year offtake agreement...

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