SNC-Lavalin said PSEG Power awarded it an EPC contract for a 755-MW combined-cycle natural gas power project in Prince George’s County, Md., near Washington, D.C. The plant will connect to the Potomac Electric Power Co.’s 500 kV transmission line and will feature two gas turbines and one steam turbine.
The firm did not disclose the contract value, but Montreal-based analyst Yuri Lynk of Canaccord Genuity, estimates it to be between $800 million and $900 million.