Pinnacle plans gas-fired power plant in Nevada

Pinnacle West Capital Corp.’s Pinnacle West Energy unit plans to build a natural gas fired 570mw power plant 20 miles north of Las Vegas, Nevada, USA. The company plans to begin the construction of the plant in 2002, and it is projected to be in service by 2004. Total cost is expected to be about USD 400 million. Pinnacle West Energy has started the project engineering and permitting and has purchased major equipment. Construction on the combined-cycle Silverhawk plant, located in the Apex industrial park, is scheduled to begin in the spring of 2002, and the plant is projected to be in service by the spring of 2004. Total cost of building the plant is expected to be about USD 400 million.

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