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Operations |
Forked River Power LLC, New Jersey
In 2008, MAXIM acquired the 86 MW Forked River Power Plant in Ocean County, NJ for US$20 million. This is a natural gas-fired, dual fuel capable, simple cycle facility with 2 GE Frame 6B gas turbines. In conjunction with this purchase, MAXIM entered a 10-year tolling agreement for the entire capacity of the plant with FirstEnergy Solutions Corp., a subsidiary of FirstEnergy Corp. and an affiliate of JCP&L. An agreement was also entered into with the adjacent Oyster Creek Nuclear Generating Station to provide station blackout services. The Forked River plant includes 30 acres of land and existing infrastructure to support future development of additional onsite generating capacity. The plant began commercial operation in 1989 and is operated by PurEnergy LLC. |
