Cinergy Capital & Trading, Inc. said it may build fourgas-fired generating units at an industrial park in Martinsville,VA, and add to the gas pipeline infrastructure there to support theplant and the gas needs of the surrounding area.

The proposed power units, which would produce a total of 330 MWof electricity and cost $150 to $180 million, would provide peakingpower supply and improve the reliability of electric service in theeast-central region, Cinergy said.

A 35-year-old, four-inch diameter gas line will be upgraded to a16-inch to 20-inch diameter line to provide gas for the facilityand to increase the supply of gas available in the Martinsvillearea, Cinergy said. The plant would tie into an existing electrictransmission line at the industrial park.

“We are very interested in the Martinsville location as apotential site,” said Art Vivar, vice president of businessdevelopment for Cinergy Capital &Trading. “We are familiar withMartinsville through their involvement in the Blue Ridge PowerAgency to which we provide power, and we are very appreciative ofthe assistance we have received from the mayor and cityadministration in reviewing sites for possible development.”

Under a preliminary construction schedule, work at the sitewould begin in the fall of 2002 with an expected completion date ofthe summer of 2003. Cinergy still must obtain regulatory approvalfor the project.

Rocco Canonica

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