GE Energy Financial Services announced today that it has agreed to acquire a 40 percent interest in
GE Energy Financial Services is acquiring the stake in the 400-megawatt Tynagh power plant in
Tynagh Energy is the result of a successful tender for a competition run by the Commission for Energy Regulation (CER) in December 2003 to design, finance, construct, operate and maintain a 400MW Combined Cycle Power Plant in the
The plant uses advanced GE F-class combined cycle technology, including a 9FA gas turbine, the new GE A15 High Efficiency Advanced Technology (HEAT) steam turbine and a GE 9A5 generator. Maintenance of the gas and steam turbines is covered under long-term service agreements with General Electric International whilst day to day operation of the plant is undertaken by RWE npower.
The plant is located near 400-kilovolt and 220-kilovolt transmission lines at a non-constrained electrical grid connection point and a major natural gas pipeline, part of the Bord Gais Eireann network.