Pierce Atwood Represents NTE Carolinas in $605 Million Financing Deal for Natural Gas Plant
Pierce Atwood helped guide NTE Carolinas, an affiliate of NTE Energy, in its recent $605 million financing deal for construction and operation of Kings Mountain Energy Center, a 475 MW natural gas-fired electricity plant in City of Kings Mountain, North Carolina.
In addition to providing area communities with nearly 400 construction jobs, and 25-30 full-time jobs when completed in 2018, the NTE plant will provide customers in North Carolina and South Carolina with a low-cost, clean, and reliable source of power for many years to come.
In October 2015, Pierce Atwood was one of seven firms that helped guide another NTE Energy affiliate, NTE Ohio, in its $645 million financing deal for a natural gas-fired electricity project in Butler County, Ohio. John Gulliver, a partner in Pierce Atwood’s Energy Practice Group stated, “We are pleased to continue to assist NTE in its goal of providing efficient and clean energy to communities across the country.”