A Michigan-based energy company that planned to build a 1.1-GW gas-fired power plant in Virginia has pulled the plug on the project.
NOVI Energy on July 9 said it would abandon development of the C4GT plant in Charles City County, which is southeast of Richmond. The project, one of two gas-fired plants planned for the area, faced local opposition, and already had been plagued by delays. The developers also were involved in a dispute with Virginia Natural Gas (VNG), which serves customers in southeastern Virginia, about supplying the plant’s feedstock. VNG earlier this year sued C4GT’s developers for allegedly breaking the terms of a supply agreement.
