Pacific Energy acquires gas plant

Pacific Energy has signed an agreement to purchase NovaPower’s 10 MW gas-fired power generation plant, located in Traralgon, Victoria, for $7.5 million.

The Nova plant was commissioned in 2014 as a high-efficiency, low emissions power generation plant to respond quickly during peak electricity demand periods, and has the gas supply infrastructure in place to expand to fuel a 20 MW plant.

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