Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Freeport LNG export plant in Texas on track to return to full power, LSEG data shows – Oil & Gas 360

July 17, 2025

Grok AI Companion Is Inspired by Edward Cullen, Christian Gray: Musk

July 17, 2025

An OpenAI Employee’s Farewell Letter Offers Rare Glimpse Into the Company

July 17, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » EQT Set To Be Named Gas Supplier for Homer City Redevelopment Project
Middle East

EQT Set To Be Named Gas Supplier for Homer City Redevelopment Project

omc_adminBy omc_adminJuly 16, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Homer City Redevelopment LLC (HCR), tasked with transforming the decommissioned coal-burning Homer City Generating Station, said Tuesday it had signed an agreement in principle with EQT Corp. for the supply of natural gas to the Homer City Energy Campus.

The Homer City Energy Campus will transform the site that was home to Pennsylvania’s largest coal-fired power plant into a 3,200-acre artificial intelligence and high-performance computing data center complex.

It is planned to have a 4.4-gigawatt fully integrated on-site gas-run generating station. Startup is expected 2027.

“Under the Agreement, HCR will have an unparalleled level of gas supply redundancy for the site with the ability to source gas from both the Texas Eastern Transmission and Eastern Gas Transmission and Storage pipeline systems”, HCR and EQT said in a joint statement.

“HCR and EQT will unlock natural gas supply of up to 665,000 MMBTUs [million British thermal units] per day. The transaction is one of the largest single-site natural gas purchases in North American history”.

HCR chief executive Corey Hessen commented, “This agreement ensures long-term energy security for the data center campus, while demonstrating our commitment to powering the future with Pennsylvania gas, Pennsylvania power and ultimately, Pennsylvania data centers”.

GE Vernova Inc. has bagged a contract to supply its high-efficiency 7HA.02 gas turbines for the redevelopment project. The Cambridge, Massachusetts-based power technology company will deliver seven units.

Kiewit Power Constructors Co. has won the construction rights. Construction is expected to start this year.

The former coal power station, which had a two-gigawatt capacity, ran from 1969 to 2023.

The redevelopment project was announced last April. “Much of the critical infrastructure for the project is already in place from the legacy Homer City plant, including transmission lines connected to the PJM and NYISO power grids, substations and water access”, a press release said.

It said the Homer City Energy Campus will have 60-65 percent lower emissions per megawatt hour compared to the coal plant.

According to the announcement, the initial capital investment could “exceed $10 billion for power infrastructure and site readiness, with data center development to inject billions more, making this the largest such investment in Pennsylvania’s history”.

“Importantly, energy production at the new Homer City Energy Campus will rely on natural gas produced in the Marcellus Shale Region of the U.S., and the project will help address the nation’s growing energy shortage – a crisis that will only intensify as demand surges to support the global race for dominance in AI and HPC technology”, the announcement added.

Financing for the redevelopment project is led by Knighthead Capital Management LLC.

“Knighthead is thrilled to be involved in the long-term development of the Homer City Energy Campus, which we believe will play a vital role in securing America’s AI and energy capacity dominance”, said Knighthead partner Andrew Shannahan.

To contact the author, email jov.onsat@rigzone.com


What do you think? We’d love to hear from you, join the conversation on the

Rigzone Energy Network.

The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
//console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 95 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

USA Crude Oil Stocks Drop Week on Week

July 17, 2025

EthosEnergy Bags RISEC Operations and Maintenance Deal

July 17, 2025

SLB Seals ChampionX Takeover | Rigzone

July 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Chevron nears Permian production plateau, freeing up billions in cash flow

By omc_adminJuly 17, 2025

(Bloomberg) – Chevron Corp. is on the cusp of reaching a production plateau in the…

GM Supplying Batteries For Data Center, Grid Packs

July 17, 2025

EnerMech secures two-year cranes extension in North Sea 

July 17, 2025

“Rethinking How We Define Value in Finance”: Dr. H.E. Gene Leon in Conversation with Ketan Patel – Force for Good

July 17, 2025
Top Trending

Stellantis Drops Plans to Launch Hydrogen-Powered Vehicles

By omc_adminJuly 17, 2025

GM, Redwood Materials to Deploy Used EV Batteries to Meet Data Centers’ Growing Energy Demand

By omc_adminJuly 17, 2025

Microsoft Signs One of Largest-Ever Carbon Removal Deals with Biomass Waste Management Startup Vaulted Deep

By omc_adminJuly 17, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Grok AI Companion Is Inspired by Edward Cullen, Christian Gray: Musk

July 17, 20250 Views
Our Picks

USA Crude Oil Stocks Drop Week on Week

July 17, 2025

EthosEnergy Bags RISEC Operations and Maintenance Deal

July 17, 2025

SLB Seals ChampionX Takeover | Rigzone

July 17, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.