Consumers Energy plans to invest $750M in new major natural gas power plant

theflyonthewall.com

Consumers Energy, the principal subsidiary of CMS Energy, announced that it plans to build a major new natural gas-fired power plant in Genesee County. The company estimates it will invest about $750M in the project. The utility plans to develop a 700 megawatt power plant in Thetford Township, which is about 20 miles northeast of Flint. The project is expected to create about 600 construction jobs. The bulk of the construction jobs are expected to be filled by members of skilled trades unions. When completed, the proposed power plant also would create an estimated 30 operating jobs. Russell said the estimated $750M investment in the proposed plant would be in addition to the $6.5B that the company previously announced that it planned to invest in its utility operations through 2017.

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