GE Energy Financial Services, Competitive Power Ventures (CPV) and Diamond Generating Corporation (DGC) have broken ground on their co-owned 800MW CPV Sentinel Energy Center in California, US.
Located near Desert Hot Springs in Riverside County, the $900m CPV Sentinel gas-fired power plant will be equipped with eight units of the GE LMS100 gas turbine and is expected to begin operation in 2013.
According to the companies, the project will provide an estimated $30m in sales tax during construction and an estimated $6.4m in annual property taxes once operational.
The electricity generated by the facility will be supplied to the Coachella Valley and Los Angeles Basin under a long-term power purchase agreement with Southern California Edison.
Gemma Power Systems California is the general contractor overseeing construction of the power project, which will be managed by CPV and operated by DGC.
DGC owns a 50% interest in the project, while CPV and GE each own 25% stake.