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Mirant Plans $500 Mil NC Plant

ATLANTA-The New York Stock Exchange-traded company will be developing the 1,200-megawatt natural gas-fired power plant in Gastonia, NC, 15 miles east of Downtown Charlotte and 180 miles northeast of Downtown Atlanta.

By Alex Finkelstein | Updated on August 28, 2001

ATLANTA-Aiming to own or control 35,000 megawatts of electric generating capacity by 2005, Mirant Corp. will break ground in early 2002 on a $500 million, 1,200-megawatt natural gas-fired power plant in Gastonia, NC, 15 miles east of Downtown Charlotte and 180 miles northeast of Downtown Atlanta.

Locally based Mirant is working with the Gastonia County Economic Development Commission in selecting the power plant site in the rapidly developing Gastonia-Charlotte region and the Interstate 85 corridor. Mirant wants to be in commercial operation by summer 2004.

The Gastonia plant will be Mirant’s first in North Carolina. The amount of acreage needed and the cost of the land for the plant wasn’t disclosed in a prepared statement from Mirant.

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