Construction of the 980-megawatt (MW) St. Charles combined-cycle power station in Louisiana is under way. The project, which is owned by Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana), awarded CB&I Incorporated (NYSE:CBI) (The Hague, Netherlands) the general contract for the project, which is located adjacent to the site of Entergy's existing Little Gypsy power station. CB&I will be responsible for hiring sub-contracts through the duration the project.
The plant is scheduled to be in-service by June 2019. This project is expected to cost approximately $869 million, including transmission and other project-related costs, according to Entergy.
Entergy said the power station will be one of the most technologically advanced facilities in North America. The project is expected to generate 700 jobs at the height of construction and include 27 full-time positions once it becomes operational.
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