2018.08.24

Participation in South Field Energy Gas-Fired Power Project

3rd power generation project in the USA (Equity ownership of 214MW)

Press release

Kyushu Electric Power Co., Inc. has participated in South Field Energy Gas-Fired Power Project in Ohio (“SFE”) by acquisition of 18.1% interest in South Field Energy Partners LLC from Advanced Power. 
SFE is our third power generation project in the USA following investments*1 in (i) Birdsboro Gas-Fired Power Project in Pennsylvania and (ii) Kleen Gas-Fired Power Project in Connecticut. Our equity ownership of overseas electricity generation projects has reached 1,975MW*2 with SFE.
*1 Announced on (i) 15 December, 2017 and (ii) 15 May, 2018
*2 Including the projects under construction

SFE will be constructed in Ohio utilizing a gas combined-cycle generating system equipped with the state-of-art gas turbines (total output: 1,182 MW). SFE will supply electricity to the northeastern part of the USA through PJM*3.
*3 PJM(PJM Interconnection LLC)-The largest wholesale electricity market in North America

We aim to achieve equity ownership of 5,000MW*4 in overseas electricity generation projects by 2030 and we will expand overseas electricity business by developing projects mainly in Asia where electric demand is expected to increase, and also in North America and Europe.
*4 2,400MW as of the target of 2021
 
Location of SFE
Location of SFE
Overview of SFE
Project Site Columbiana, Ohio (USA)
Commercial Operation 2021
Generation Capacity  1,182MW  (Supply to PJM [PJM Interconnection LLC])
Generation Type Natural gas combined cycle
Key Equipment GE gas turbine (7HA.02)
Fuel Supply Shale gas from gas fields in USA
Shareholders  Kyushu Electric Power Co., Inc. – 18.1%
Development Bank of Japan Inc./Showa Shell Sekiyu K.K. – 27.2%
Shikoku Electric Power Co., Inc. – 8.9%
Advanced Power
NH-Amundi Asset Management etc.

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