Independent power producer Caithness Energy will pay GE $1.4bn to deliver 338 of its 2.5MW turbines to the project, and provide 10 years of operations and maintenance services.
The two-year construction project will kick off in 2010, with GE set to book most of the revenues throughout 2011 and 2012 as it installs the turbines. The turbines will be built at GE’s production facility in Florida, a fact seen as one of the reasons it won the contract.
The
