HOUSTON–(BUSINESS WIRE)–JERA Americas, the Houston-based subsidiary of global energy leader JERA, has made progress on its efforts to support a transition to a cleaner energy economy.
Canal and Bucksport Generating Facilities Acquisition
JERA Americas closed on its acquisition of a 1,633 megawatt (MW) thermal power portfolio in New England: Canal 1 (566 MW), Canal 2 (559 MW) and Canal 3 (333 MW) in Sandwich, Mass. and Bucksport (175 MW) in Bucksport, Maine.
Canal, with its location on Cape Cod, can serve as a critical site for enabling offshore wind using existing infrastructure. Bucksport, with its existing transmission interconnection, can also serve as a link for renewables to connect with the electric grid.
“Using existing large-scale power projects that do not require construction of new power transmission networks is an important part of aiding a clean…