Niles CCPP (USA)

Daelim Energy has invested in the Niles CCPP along with Indeck Energy Services (Indeck) and Korea Southern Power Co. (KOSPO). Niles CCPP has a nominal capacity of 1,085 MW and the total investment of the project is US$1.05 billion.

The plant is located at Niles city in Michigan State, approximately 100 km east of Chicago, and Kiewit as the plant’s engineering, construction and procurement contractor will be fitting it with General Electric 7HA.02 turbines. The plant will sell the electricity to North America’s largest electricity market, that stretches across Philadelphia, New Jersey and Maryland (PJM).

Daelim also participates in the asset management of the Niles CCPP through Indeck Niles Asset Management, LLC which is owned and operated by the same equity investors with an equal ownership of 33.3%, respectively.

Niles CCPP (USA)

Project Outline

Project Outline
Company Name Indeck Niles, LLC
Location Niles city in Michigan State, USA
Generation Type Combined Cycle Gas Turbine
Capacity 1,085 MW (2*1 CCGT)
Financial Close 2019.04
Commercial Operation 2022.03 (Plan)
EPC Contractor Kiewit Power Constructors Co.
Major Shareholders DAELIM Energy (30%), KOSPO (50%), Indeck (20%)