Homer City Redevelopment and Kiewit Announce Country’s Largest Natural Gas-Powered Data Center Campus to Support AI and HPC Demand
Homer City Redevelopment (HCR) and Kiewit Power Constructors have announced plans to transform Pennsylvania's former largest coal-burning power plant into a 3,200-acre natural gas-powered data center campus. The project will feature seven GE Vernova (NYSE: GEV) hydrogen-enabled gas turbines, with first deliveries expected in 2026.
The facility will generate up to 4.5 GW of power to support AI and high-performance computing needs, reducing greenhouse gas emissions by 60-65% per megawatt hour compared to the former coal plant. The project represents the largest capital investment in Pennsylvania's history, with an initial investment exceeding $10 billion.
Key benefits include creating over 10,000 construction jobs and approximately 1,000 permanent positions. Construction is expected to begin this year, with power production starting by 2027. The project will utilize existing infrastructure including transmission lines connected to PJM and NYISO power grids.
Homer City Redevelopment (HCR) e Kiewit Power Constructors hanno annunciato piani per trasformare il precedente più grande impianto di produzione di energia a carbone della Pennsylvania in un campus di data center alimentato a gas naturale di 3.200 acri. Il progetto prevede sette turbine a gas abilitate all'idrogeno GE Vernova (NYSE: GEV), con le prime consegne previste per il 2026.
La struttura genererà fino a 4,5 GW di energia per supportare le esigenze di intelligenza artificiale e di calcolo ad alte prestazioni, riducendo le emissioni di gas serra del 60-65% per megawattora rispetto all'ex impianto a carbone. Il progetto rappresenta il più grande investimento di capitale nella storia della Pennsylvania, con un investimento iniziale che supera 10 miliardi di dollari.
I principali vantaggi includono la creazione di oltre 10.000 posti di lavoro nella costruzione e circa 1.000 posti di lavoro permanenti. Si prevede che la costruzione inizi quest'anno, con la produzione di energia che partirà entro il 2027. Il progetto utilizzerà infrastrutture esistenti, comprese le linee di trasmissione collegate alle reti elettriche PJM e NYISO.
Homer City Redevelopment (HCR) y Kiewit Power Constructors han anunciado planes para transformar la antigua planta de energía de carbón más grande de Pennsylvania en un campus de centro de datos alimentado por gas natural de 3,200 acres. El proyecto contará con siete turbinas de gas habilitadas para hidrógeno GE Vernova (NYSE: GEV), con las primeras entregas previstas para 2026.
La instalación generará hasta 4.5 GW de energía para apoyar las necesidades de inteligencia artificial y computación de alto rendimiento, reduciendo las emisiones de gases de efecto invernadero en un 60-65% por megavatio hora en comparación con la antigua planta de carbón. El proyecto representa la mayor inversión de capital en la historia de Pennsylvania, con una inversión inicial que supera los 10 mil millones de dólares.
Los beneficios clave incluyen la creación de más de 10,000 empleos de construcción y aproximadamente 1,000 puestos permanentes. Se espera que la construcción comience este año, con la producción de energía iniciando para 2027. El proyecto utilizará la infraestructura existente, incluidas las líneas de transmisión conectadas a las redes eléctricas PJM y NYISO.
호머 시티 재개발(HCR)와 키위트 파워 건설(Kiewit Power Constructors)는 펜실베니아의 이전 최대 석탄 화력 발전소를 3,200에이커 규모의 천연가스 데이터 센터 캠퍼스로 변모시키기 위한 계획을 발표했습니다. 이 프로젝트는 GE 버노바(NYSE: GEV) 수소 지원 가스 터빈 7대를 특징으로 하며, 첫 번째 배송은 2026년으로 예상됩니다.
이 시설은 인공지능 및 고성능 컴퓨팅 요구를 지원하기 위해 최대 4.5 GW의 전력을 생성하며, 이전 석탄 발전소에 비해 메가와트시당 온실가스 배출을 60-65% 줄입니다. 이 프로젝트는 펜실베니아 역사상 최대의 자본 투자로, 초기 투자액은 100억 달러를 초과합니다.
주요 이점으로는 10,000개 이상의 건설 일자리와 약 1,000개의 영구직 창출이 포함됩니다. 건설은 올해 시작될 것으로 예상되며, 전력 생산은 2027년부터 시작될 것입니다. 이 프로젝트는 PJM 및 NYISO 전력망에 연결된 기존 인프라를 활용할 것입니다.
Homer City Redevelopment (HCR) et Kiewit Power Constructors ont annoncé des plans pour transformer l'ancienne plus grande centrale à charbon de Pennsylvanie en un campus de centre de données alimenté au gaz naturel de 3 200 acres. Le projet comportera sept turbines à gaz hydrogène GE Vernova (NYSE: GEV), dont les premières livraisons sont attendues en 2026.
La structure générera jusqu'à 4,5 GW d'énergie pour soutenir les besoins en intelligence artificielle et en calcul haute performance, réduisant les émissions de gaz à effet de serre de 60 à 65 % par mégawattheure par rapport à l'ancienne centrale à charbon. Le projet représente le plus grand investissement en capital de l'histoire de la Pennsylvanie, avec un investissement initial dépassant 10 milliards de dollars.
Les principaux avantages incluent la création de plus de 10 000 emplois dans la construction et environ 1 000 postes permanents. La construction devrait commencer cette année, avec une production d'énergie débutant d'ici 2027. Le projet utilisera l'infrastructure existante, y compris les lignes de transmission connectées aux réseaux électriques PJM et NYISO.
Homer City Redevelopment (HCR) und Kiewit Power Constructors haben Pläne angekündigt, das ehemalige größte Kohlekraftwerk von Pennsylvania in einen 3.200 Hektar großen, mit Erdgas betriebenen Rechenzentrum-Campus umzuwandeln. Das Projekt wird sieben GE Vernova (NYSE: GEV) wasserstofffähige Gasturbinen umfassen, deren erste Lieferungen für 2026 erwartet werden.
Die Anlage wird bis zu 4,5 GW Strom erzeugen, um die Bedürfnisse der KI und des Hochleistungsrechnens zu unterstützen, und die Treibhausgasemissionen um 60-65 % pro Megawattstunde im Vergleich zum ehemaligen Kohlekraftwerk reduzieren. Das Projekt stellt die größte Investition in der Geschichte Pennsylvanias dar, mit einer anfänglichen Investition von über 10 Milliarden Dollar.
Zu den wichtigsten Vorteilen gehören die Schaffung von über 10.000 Bauarbeitsplätzen und etwa 1.000 dauerhaften Stellen. Der Bau wird voraussichtlich in diesem Jahr beginnen, die Stromproduktion soll bis 2027 starten. Das Projekt wird bestehende Infrastrukturen nutzen, einschließlich Übertragungsleitungen, die mit den Stromnetzen PJM und NYISO verbunden sind.
- Largest capital investment in Pennsylvania's history exceeding $10 billion
- Creation of 10,000+ construction jobs and 1,000 permanent positions
- 60-65% reduction in greenhouse gas emissions compared to former coal plant
- Utilization of existing infrastructure reducing development costs
- Secured long-lead power components and generating capacity for multiple customers
- High capital expenditure requirements and project complexity
- Dependency on natural gas prices and supply from Marcellus Shale Region
- Extended timeline with power production not starting until 2027
Insights
GE Vernova has secured a landmark deal to supply seven high-efficiency 7HA.02 hydrogen-enabled gas turbines for the Homer City Energy Campus, representing one of the company's most significant equipment orders in recent years. The project will transform Pennsylvania's formerly largest coal-burning power plant into a 4.5 GW natural gas-powered data center campus specifically designed for AI and high-performance computing workloads.
This contract positions GE Vernova strategically in two high-growth markets: the surging demand for power infrastructure supporting AI deployments and the ongoing transition from coal to cleaner energy sources. The timing is particularly advantageous as the PJM grid region faces projected capacity deficiencies, with one-fifth of its system expected to retire by decade's end.
What makes this deal especially valuable is its long-term revenue visibility. With first turbine deliveries beginning in 2026 and power production targeted for 2027, GE Vernova secures a multi-year revenue stream during a crucial growth period for data center power needs. The $10+ billion initial capital investment for the entire project underscores its scale, though GE Vernova's specific revenue portion isn't disclosed.
This contract validates GE Vernova's technological advantage in high-efficiency gas turbines capable of supporting next-generation power demands while enabling future hydrogen integration. The project's prominence, described as the largest capital investment in Pennsylvania history, also provides valuable reference credibility for securing similar data center power projects across other regions experiencing AI-driven energy demands.
Projected Cost of Power Infrastructure and Data Centers Will Represent Largest Capital Investment in the History of
Facility Will Generate Up to 4.5 GW of Energy Production Powered by Seven GE Vernova Turbines; First Turbine Deliveries Expected to Begin in 2026
Will Utilize the Natural Resources and Differentiated Legacy Infrastructure of
Renderings of the Homer City Energy Campus Available Here: www.homercityredevelopment.com
GE Vernova (NYSE: GEV) will provide seven high efficiency 7HA.02 hydrogen-enabled, gas-fired turbines, with the first deliveries expected to begin in 2026. The Homer City Energy Campus will be built by Kiewit Power Constructors Co., one of the leading engineering, procurement and construction (EPC) contractors in the country. Much of the critical infrastructure for the project is already in place from the legacy
William Wexler, President and CEO of HCR, stated, “This project will honor Homer City’s place in the proud history of
Key attributes and benefits of the project are expected to include:
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Delivery of up to 4.5 gigawatts (GW) of power to support AI-driven hyperscale data centers, while reducing greenhouse gas emissions by 60–
65% per megawatt hour compared to the former coal plant. - Deployment of numerous previously secured long-lead power components coupled with sufficient generating capacity to serve multiple large data center customers and supply power to thousands of homes on the local grid.
- Creation of more than 10,000 direct on-site construction-related jobs1 along with approximately 1,000 total direct and indirect permanent high-paying positions2 in technology, operations and energy infrastructure.
-
An initial capital investment projected to exceed
$10 billion
Importantly, energy production at the new Homer City Energy Campus will rely on natural gas produced in the Marcellus Shale Region of the
Knighthead Capital Management, LLC, on behalf of certain entities it manages and advises, has had significant equity positions in
Andrew Shannahan, a Partner at Knighthead, stated, “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. We have long recognized the unique value inherent in Homer City’s infrastructure and power generation attributes, and we look forward to working closely with all of the local and national stakeholders that will play essential roles in making this vision a reality.”
Scott Strazik, CEO of GE Vernova noted, “We are honored to provide our
As part of today’s announcement, detailed renderings of the future campus, developed by Kiewit, have also been released. These renderings are available here: www.homercityredevelopment.com.
Dave Flickinger, Kiewit Power Constructors Co. Executive Vice President, added, "Kiewit is excited to help advance what is poised to become the nation’s largest natural gas-powered plant. We’ve been pleased by how quickly all parties have worked to make this project shovel-ready, all while holding firm to the highest standards of safety and quality – principles we live by at Kiewit. We look forward to continuing our tradition of collaboration and moving with purpose as we enter the next phase on the ground."
About Homer City Redevelopment:
Homer City Generating Station began operations in 1969, employing thousands with jobs and millions of customers with energy when in production. Located only 50 miles east of
About GE Vernova:
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in
About Kiewit:
Kiewit is one of North America’s largest and most respected construction and engineering organizations. With its roots dating back to 1884, the employee-owned organization operates through a network of subsidiaries in
About Knighthead Capital Management:
Knighthead Capital Management, LLC was co-founded in 2008 by Thomas Wagner and Ara Cohen and has grown to become a diversified asset management platform with an experienced team of investment professionals, specializing in fundamental analysis, operational and financial turnarounds and risk management. Knighthead’s long-term objective is to generate attractive risk-adjusted returns for its clients while emphasizing the preservation of capital. Knighthead manages assets across a variety of investment vehicles including insurance asset management, real estate lending, and closed and open-ended vehicles.
Forward Looking Statements:
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.
1 Anticipated total number of direct on-site jobs related to the construction of both the natural gas-powered plant and the data center campus over an expected five-year period.
2 Anticipated total number of direct and indirect permanent positions to support the operations of both the natural gas-powered plant and all aspects of the data center campus once running at full capacity following the completion of the construction.
3 Resource Adequacy Comments at 2 (“PJM currently projects a potential shortfall in generation supply by the end of this decade.”).
View source version on businesswire.com: https://www.businesswire.com/news/home/20250402452555/en/
Media:
HCR: Robin Gorman, 724-388-7277, rgorman@homercityredevelopment.com
GE Vernova: Laura Aresi, Laura.Aresi@gevernova.com
Kiewit: Bob
Knighthead Capital: Longacre Square Partners, HomerCity@longacresquare.com
Source: Homer City Redevelopment
FAQ
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