# Carroll County Energy

PJM Natural Gas Fired Combined Cycle · https://askthegrid.com/assets/facilities/carroll-county-energy

Carroll County Energy is a natural gas-fired power facility with 832.3 MW of EIA-reported nameplate capacity in Carroll County, Ohio, registered as EIA Plant ID 59773. Carroll County Energy LLC is the registered plant entity or operator. The plant's generating configuration is natural-gas-fired combined-cycle plant in a 2 2 1 configuration: two GE 7F.05 gas turbines, two heat-recovery steam generators, and one A602 steam turbine. Commercial operation began in December 2017.
PJM LMP node 1292915936 · 345 kV · AEP.

## Key facts

- Technology: Natural Gas Fired Combined Cycle
- Power capacity: 832.3 MW
- Operating status: operating

## Grid and market context

- ISO/RTO: PJM
- Balancing authority: PJM Interconnection, LLC (PJM)

## Source-backed facts

- Owner logo domain: carrollcountyenergy.com — Home » Carroll County Energy · confidence: medium
- Identifiers: [{"value":"59773","system":"EIA plant ID"},{"value":"CGT1","system":"EIA generator ID"},{"value":"CGT2","system":"EIA generator ID"},{"value":"SGT1","system":"EIA generator ID"},{"value":"PJM","system":"Balancing authority / ISO-RTO"},{"value":"1292915936","system":"PJM LMP node designation"},{"value":"AC2-016","system":"PJM interconnection queue"},{"value":"Y2-050","system":"PJM interconnection queue"},{"value":"13-1752-EL-BGN","system":"Ohio Power Siting Board case"},{"value":"ER17-1609-007","system":"FERC docket"},{"value":"ER17-1609-009","system":"FERC docket"}] — 13-1752-EL-BGN:Carroll County Energy Generation Facility · confidence: medium
- Identifiers: [{"value":"59773","system":"EIA plant ID"},{"value":"CGT1","system":"EIA generator ID"},{"value":"CGT2","system":"EIA generator ID"},{"value":"SGT1","system":"EIA generator ID"},{"value":"PJM","system":"Balancing authority / ISO-RTO"},{"value":"1292915936","system":"PJM LMP node designation"},{"value":"AC2-016","system":"PJM interconnection queue"},{"value":"Y2-050","system":"PJM interconnection queue"},{"value":"13-1752-EL-BGN","system":"Ohio Power Siting Board case"},{"value":"ER17-1609-007","system":"FERC docket"},{"value":"ER17-1609-009","system":"FERC docket"}] — Combined Filings · confidence: medium
- Identifiers: [{"value":"59773","system":"EIA plant ID"},{"value":"CGT1","system":"EIA generator ID"},{"value":"CGT2","system":"EIA generator ID"},{"value":"SGT1","system":"EIA generator ID"},{"value":"PJM","system":"Balancing authority / ISO-RTO"},{"value":"1292915936","system":"PJM LMP node designation"},{"value":"AC2-016","system":"PJM interconnection queue"},{"value":"Y2-050","system":"PJM interconnection queue"},{"value":"13-1752-EL-BGN","system":"Ohio Power Siting Board case"},{"value":"ER17-1609-007","system":"FERC docket"},{"value":"ER17-1609-009","system":"FERC docket"}] — Combined Notice of Filings #2 · confidence: medium
- Official project url: https://www.carrollcountyenergy.com/ — Home » Carroll County Energy · confidence: high
- Description: Carroll County Energy is an operational 832.3 MW natural-gas-fired combined-cycle generating facility in Carroll County, Ohio, connected to the PJM system. EIA-derived plant records identify three operating generators: CGT1, CGT2 and SGT1, with first operation in December 2017. The facility uses GE 7F.05 gas turbines and an A602 steam turbine; Bechtel performed engineering, procurement, construction, start-up and commissioning. Advanced Power is the asset manager and equity partner, while EthosEnergy provides operations and maintenance services. — About Us » Carroll County Energy · confidence: medium
- Description: Carroll County Energy is an operational 832.3 MW natural-gas-fired combined-cycle generating facility in Carroll County, Ohio, connected to the PJM system. EIA-derived plant records identify three operating generators: CGT1, CGT2 and SGT1, with first operation in December 2017. The facility uses GE 7F.05 gas turbines and an A602 steam turbine; Bechtel performed engineering, procurement, construction, start-up and commissioning. Advanced Power is the asset manager and equity partner, while EthosEnergy provides operations and maintenance services. — Carroll County Energy Facility - Bechtel · confidence: medium
- Canonical name: Carroll County Energy — 13-1752-EL-BGN:Carroll County Energy Generation Facility · confidence: high
- Identifiers.8: {"value":"13-1752-EL-BGN","system":"Ohio Power Siting Board case"} — 13-1752-EL-BGN:Carroll County Energy Generation Facility · confidence: high
- Identifiers.9: {"value":"ER17-1609-007","system":"FERC docket"} — Combined Filings · confidence: medium
- Identifiers.10: {"value":"ER17-1609-009","system":"FERC docket"} — Combined Notice of Filings #2 · confidence: medium
- Parties.0: {"relationship":"Registered applicant and operating entity","name":"Carroll County Energy LLC","official_url":"https://www.carrollcountyenergy.com/"} — 13-1752-EL-BGN:Carroll County Energy Generation Facility · confidence: high
- Parties.2: {"relationship":"Equity investor","name":"TIAA","official_url":"https://www.tiaa.org/public"} — About Us » Carroll County Energy · confidence: high
- Parties.4: {"relationship":"Equity investor","name":"Ullico","official_url":"https://www.ullico.com/"} — About Us » Carroll County Energy · confidence: high
- Parties.5: {"relationship":"Equity investor and financing partner","name":"Prudential Capital Group","official_url":"https://www.prudential.com/"} — About Us » Carroll County Energy · confidence: high
- Parties.7: {"relationship":"Engineering, procurement and construction contractor; start-up and commissioning contractor","name":"Bechtel","official_url":"https://www.bechtel.com/"} — Carroll County Energy Facility - Bechtel · confidence: high
- Parties.8: {"relationship":"Generating-equipment OEM","name":"General Electric / GE Power","official_url":"https://www.gevernova.com/"} — About Us » Carroll County Energy · confidence: medium
- Parties.8: {"relationship":"Generating-equipment OEM","name":"General Electric / GE Power","official_url":"https://www.gevernova.com/"} — Home » Carroll County Energy · confidence: medium
- Parties.9: {"relationship":"Operations and maintenance contractor","name":"EthosEnergy Group","official_url":"https://ethosenergy.com/"} — About Us » Carroll County Energy · confidence: high
- Parties.9: {"relationship":"Operations and maintenance contractor","name":"EthosEnergy Group","official_url":"https://ethosenergy.com/"} — Carroll County Energy Achieves Prestigious VPP Star Certification | EthosEnergy · confidence: high
- Site acres: 77 — Home » Carroll County Energy · confidence: medium
- Construction scope: Bechtel delivered the Carroll County Energy combined-cycle facility, including engineering, procurement, construction, startup, and commissioning. The physical configuration comprises two gas turbines, two heat-recovery steam generators, and one steam turbine in a 2x2x1 arrangement, with air-cooled condensers. The owner identifies the installed equipment as two GE 7F.05 gas turbines and one A602 steam turbine. — About Us » Carroll County Energy · confidence: high
- Product url: https://www.gevernova.com/gas-power/products/gas-turbines/7f — 7F Heavy Duty Gas Turbine | 7F.04/7F.05 | GE Vernova · confidence: high
- Kind: thermal — Home » Carroll County Energy · confidence: high
- Manufacturer domain: gevernova.com — About Us » Carroll County Energy · confidence: high
- Equipment models: [{"manufacturer_domain":"gevernova.com","product_url":"https://www.gevernova.com/gas-power/products/gas-turbines/7f","count":2,"unit_mw":235.5,"name":"GE 7F.05 gas turbine"},{"manufacturer_domain":"gevernova.com","product_url":"https://www.gevernova.com/gas-power/products/steam-turbines/600-series","count":1,"unit_mw":361.3,"name":"GE A602 steam turbine"}] — About Us » Carroll County Energy · confidence: medium
- Product family: GE 7F.05 gas turbines and A602 steam turbine — About Us » Carroll County Energy · confidence: medium
- Manufacturer name: General Electric (GE) — About Us » Carroll County Energy · confidence: high
- Equipment models.0: {"manufacturer_domain":"gevernova.com","product_url":"https://www.gevernova.com/gas-power/products/gas-turbines/7f","count":2,"unit_mw":235.5,"name":"GE 7F.05 gas turbine"} — About Us » Carroll County Energy · confidence: medium
- Equipment models.1: {"manufacturer_domain":"gevernova.com","product_url":"https://www.gevernova.com/gas-power/products/steam-turbines/600-series","count":1,"unit_mw":361.3,"name":"GE A602 steam turbine"} — About Us » Carroll County Energy · confidence: medium
- Significance: Carroll County Energy was built to replace generation in a region that had experienced the retirement of more than 700 MW of Ohio conventional coal capacity. Its location near Utica and Marcellus gas production, the Tennessee Gas Pipeline, and AEP’s 345-kV transmission system supports its role as a reliable PJM resource. — Advanced Power Closes Financing of $899 Million Carroll County Energy Project in Ohio » Carroll County Energy · confidence: medium
- Description: Carroll County Energy is an operating natural-gas-fired combined-cycle facility in Carroll County, Ohio, with three EIA-recorded operating generators totaling 832.3 MW; project releases describe the original plant as approximately 700 MW. The configuration comprises two GE 7F.05 gas turbines, two heat-recovery steam generators, and one steam turbine. Advanced Power developed the project and remains associated with asset management, while EthosEnergy provides operations and maintenance services. Commercial operations began in December 2017, and the ownership history includes BCPG’s 2023 acquisition of a 40% interest and Strategic Value Partners’ announced 2025 agreement to acquire interests from JERA Americas and San Jacinto Carroll Holdings. — Source · confidence: medium
- Quality notes: ["EIA-derived records report 832.3 MW of nameplate capacity, while project, financing, and transaction sources generally describe the facility as 700 MW; the figures likely reflect different capacity conventions or plant-record updates.","The 2025 Strategic Value Partners transaction is described as an agreement or regulatory transaction involving 31.64% to 32% of the equity, not as a sale of the entire generating facility. The disclosed sellers are JERA Americas and San Jacinto Carroll Holdings; the facility is described as operational."] — Strategic Value Partners Announces Agreement to Acquire 32% Equity Stake in Carroll County Energy Holdings · confidence: medium
- Quality notes: ["EIA-derived records report 832.3 MW of nameplate capacity, while project, financing, and transaction sources generally describe the facility as 700 MW; the figures likely reflect different capacity conventions or plant-record updates.","The 2025 Strategic Value Partners transaction is described as an agreement or regulatory transaction involving 31.64% to 32% of the equity, not as a sale of the entire generating facility. The disclosed sellers are JERA Americas and San Jacinto Carroll Holdings; the facility is described as operational."] — Source · confidence: medium
- Timeline: [{"event":"Project plans announced","date":"2013","detail":"Plans to build Carroll County Energy were announced in July 2013."},{"event":"Project financing closed","date":"2015-04-07","detail":"Advanced Power closed $899 million of project financing, comprising $411 million of equity commitments and $488 million of senior-secured construction credit facilities."},{"event":"Construction began","date":"2015-07-21","detail":"Bechtel broke ground on the 700-MW natural-gas-fired combined-cycle Carroll County Energy Facility under an engineering, procurement, construction, and start-up assignment."},{"event":"Commercial operation began","date":"2017-12","detail":"Commercial operations began in mid-December 2017, with the project entering service as a PJM combined-cycle natural-gas generating facility."},{"event":"Construction completion announced","date":"2018-01-16","detail":"Bechtel announced completion of the Carroll County Energy Facility and stated that Advanced Power had taken over commercial operation."},{"event":"Initial minority-stake transaction","date":"2023-02","detail":"BCPG USA reportedly agreed to acquire an 8.88% interest, equivalent to approximately 61 MW; Its reported production allocation increased from 61 MW to 341 MW across its U.S. portfolio."},{"event":"Proposed debt refinancing","date":"2024-06","detail":"S&P reported a proposed $400 million senior-secured term loan and $70 million senior-secured revolver to refinance existing debt and revolving facilities, pay transaction costs, and make a one-time distribution to equity holders."},{"event":"Related ownership-transfer filings","date":"2025-09-30","detail":"Regulatory filings described SVP’s proposed acquisition of 20.00% from JERA Americas and 11.64% from San Jacinto Carroll Holdings, for 31.64% in Carroll County Energy Holdings. Separate filings described ArcLight’s proposed acquisition of Ullico’s 10.60% interest and an upstream Advanced Power ownership transaction."},{"event":"SVP acquisition agreement and JERA transfer announcement","date":"2025-10-02","detail":"Strategic Value Partners announced that its managed funds had agreed to acquire approximately 32% of Carroll County Energy Holdings. JERA Americas separately announced the transfer of its Carroll County Energy project interests to SVP; the cited materials do not disclose transaction consideration."}] — Carroll County Energy Begins Commercial Operations - IN—HOUSE · confidence: medium
- Timeline: [{"event":"Project plans announced","date":"2013","detail":"Plans to build Carroll County Energy were announced in July 2013."},{"event":"Project financing closed","date":"2015-04-07","detail":"Advanced Power closed $899 million of project financing, comprising $411 million of equity commitments and $488 million of senior-secured construction credit facilities."},{"event":"Construction began","date":"2015-07-21","detail":"Bechtel broke ground on the 700-MW natural-gas-fired combined-cycle Carroll County Energy Facility under an engineering, procurement, construction, and start-up assignment."},{"event":"Commercial operation began","date":"2017-12","detail":"Commercial operations began in mid-December 2017, with the project entering service as a PJM combined-cycle natural-gas generating facility."},{"event":"Construction completion announced","date":"2018-01-16","detail":"Bechtel announced completion of the Carroll County Energy Facility and stated that Advanced Power had taken over commercial operation."},{"event":"Initial minority-stake transaction","date":"2023-02","detail":"BCPG USA reportedly agreed to acquire an 8.88% interest, equivalent to approximately 61 MW; Its reported production allocation increased from 61 MW to 341 MW across its U.S. portfolio."},{"event":"Proposed debt refinancing","date":"2024-06","detail":"S&P reported a proposed $400 million senior-secured term loan and $70 million senior-secured revolver to refinance existing debt and revolving facilities, pay transaction costs, and make a one-time distribution to equity holders."},{"event":"Related ownership-transfer filings","date":"2025-09-30","detail":"Regulatory filings described SVP’s proposed acquisition of 20.00% from JERA Americas and 11.64% from San Jacinto Carroll Holdings, for 31.64% in Carroll County Energy Holdings. Separate filings described ArcLight’s proposed acquisition of Ullico’s 10.60% interest and an upstream Advanced Power ownership transaction."},{"event":"SVP acquisition agreement and JERA transfer announcement","date":"2025-10-02","detail":"Strategic Value Partners announced that its managed funds had agreed to acquire approximately 32% of Carroll County Energy Holdings. JERA Americas separately announced the transfer of its Carroll County Energy project interests to SVP; the cited materials do not disclose transaction consideration."}] — Bechtel Breaks Ground on New Combined-Cycle Power Plant in Ohio - Bechtel · confidence: medium
- Timeline: [{"event":"Project plans announced","date":"2013","detail":"Plans to build Carroll County Energy were announced in July 2013."},{"event":"Project financing closed","date":"2015-04-07","detail":"Advanced Power closed $899 million of project financing, comprising $411 million of equity commitments and $488 million of senior-secured construction credit facilities."},{"event":"Construction began","date":"2015-07-21","detail":"Bechtel broke ground on the 700-MW natural-gas-fired combined-cycle Carroll County Energy Facility under an engineering, procurement, construction, and start-up assignment."},{"event":"Commercial operation began","date":"2017-12","detail":"Commercial operations began in mid-December 2017, with the project entering service as a PJM combined-cycle natural-gas generating facility."},{"event":"Construction completion announced","date":"2018-01-16","detail":"Bechtel announced completion of the Carroll County Energy Facility and stated that Advanced Power had taken over commercial operation."},{"event":"Initial minority-stake transaction","date":"2023-02","detail":"BCPG USA reportedly agreed to acquire an 8.88% interest, equivalent to approximately 61 MW; Its reported production allocation increased from 61 MW to 341 MW across its U.S. portfolio."},{"event":"Proposed debt refinancing","date":"2024-06","detail":"S&P reported a proposed $400 million senior-secured term loan and $70 million senior-secured revolver to refinance existing debt and revolving facilities, pay transaction costs, and make a one-time distribution to equity holders."},{"event":"Related ownership-transfer filings","date":"2025-09-30","detail":"Regulatory filings described SVP’s proposed acquisition of 20.00% from JERA Americas and 11.64% from San Jacinto Carroll Holdings, for 31.64% in Carroll County Energy Holdings. Separate filings described ArcLight’s proposed acquisition of Ullico’s 10.60% interest and an upstream Advanced Power ownership transaction."},{"event":"SVP acquisition agreement and JERA transfer announcement","date":"2025-10-02","detail":"Strategic Value Partners announced that its managed funds had agreed to acquire approximately 32% of Carroll County Energy Holdings. JERA Americas separately announced the transfer of its Carroll County Energy project interests to SVP; the cited materials do not disclose transaction consideration."}] — Source · confidence: medium
- Timeline: [{"event":"Project plans announced","date":"2013","detail":"Plans to build Carroll County Energy were announced in July 2013."},{"event":"Project financing closed","date":"2015-04-07","detail":"Advanced Power closed $899 million of project financing, comprising $411 million of equity commitments and $488 million of senior-secured construction credit facilities."},{"event":"Construction began","date":"2015-07-21","detail":"Bechtel broke ground on the 700-MW natural-gas-fired combined-cycle Carroll County Energy Facility under an engineering, procurement, construction, and start-up assignment."},{"event":"Commercial operation began","date":"2017-12","detail":"Commercial operations began in mid-December 2017, with the project entering service as a PJM combined-cycle natural-gas generating facility."},{"event":"Construction completion announced","date":"2018-01-16","detail":"Bechtel announced completion of the Carroll County Energy Facility and stated that Advanced Power had taken over commercial operation."},{"event":"Initial minority-stake transaction","date":"2023-02","detail":"BCPG USA reportedly agreed to acquire an 8.88% interest, equivalent to approximately 61 MW; Its reported production allocation increased from 61 MW to 341 MW across its U.S. portfolio."},{"event":"Proposed debt refinancing","date":"2024-06","detail":"S&P reported a proposed $400 million senior-secured term loan and $70 million senior-secured revolver to refinance existing debt and revolving facilities, pay transaction costs, and make a one-time distribution to equity holders."},{"event":"Related ownership-transfer filings","date":"2025-09-30","detail":"Regulatory filings described SVP’s proposed acquisition of 20.00% from JERA Americas and 11.64% from San Jacinto Carroll Holdings, for 31.64% in Carroll County Energy Holdings. Separate filings described ArcLight’s proposed acquisition of Ullico’s 10.60% interest and an upstream Advanced Power ownership transaction."},{"event":"SVP acquisition agreement and JERA transfer announcement","date":"2025-10-02","detail":"Strategic Value Partners announced that its managed funds had agreed to acquire approximately 32% of Carroll County Energy Holdings. JERA Americas separately announced the transfer of its Carroll County Energy project interests to SVP; the cited materials do not disclose transaction consideration."}] — JERA Americas Transfers Carroll County Energy Project Interests To Strategic Value Partners - JERA Americas · confidence: medium
- Timeline.0: {"event":"Project plans announced","date":"2013","detail":"Plans to build Carroll County Energy were announced in July 2013."} — Carroll County Energy Begins Commercial Operations - IN—HOUSE · confidence: high
- Timeline.2: {"event":"Construction began","date":"2015-07-21","detail":"Bechtel broke ground on the 700-MW natural-gas-fired combined-cycle Carroll County Energy Facility under an engineering, procurement, construction, and start-up assignment."} — Bechtel Breaks Ground on New Combined-Cycle Power Plant in Ohio - Bechtel · confidence: medium
- Timeline.3: {"event":"Commercial operation began","date":"2017-12","detail":"Commercial operations began in mid-December 2017, with the project entering service as a PJM combined-cycle natural-gas generating facility."} — Carroll County Energy Begins Commercial Operations - IN—HOUSE · confidence: high
- Timeline.4: {"event":"Construction completion announced","date":"2018-01-16","detail":"Bechtel announced completion of the Carroll County Energy Facility and stated that Advanced Power had taken over commercial operation."} — Bechtel Completes Carroll County Energy Facility · confidence: medium
- Timeline.5: {"event":"Initial minority-stake transaction","date":"2023-02","detail":"BCPG USA reportedly agreed to acquire an 8.88% interest, equivalent to approximately 61 MW. — Sponsors explore sale of PJM power plant stake - IN—HOUSE · confidence: medium
- Timeline.8: {"event":"Related ownership-transfer filings","date":"2025-09-30","detail":"Regulatory filings described SVP’s proposed acquisition of 20.00% from JERA Americas and 11.64% from San Jacinto Carroll Holdings, for 31.64% in Carroll County Energy Holdings. Separate filings described ArcLight’s proposed acquisition of Ullico’s 10.60% interest and an upstream Advanced Power ownership transaction."} — Source · confidence: medium
- Timeline.9: {"event":"SVP acquisition agreement and JERA transfer announcement","date":"2025-10-02","detail":"Strategic Value Partners announced that its managed funds had agreed to acquire approximately 32% of Carroll County Energy Holdings. JERA Americas separately announced the transfer of its Carroll County Energy project interests to SVP; the cited materials do not disclose transaction consideration."} — JERA Americas Transfers Carroll County Energy Project Interests To Strategic Value Partners - JERA Americas · confidence: medium
- Timeline.9: {"event":"SVP acquisition agreement and JERA transfer announcement","date":"2025-10-02","detail":"Strategic Value Partners announced that its managed funds had agreed to acquire approximately 32% of Carroll County Energy Holdings. JERA Americas separately announced the transfer of its Carroll County Energy project interests to SVP; the cited materials do not disclose transaction consideration."} — Strategic Value Partners Announces Agreement to Acquire 32% Equity Stake in Carroll County Energy Holdings · confidence: medium
- Quality notes.0: EIA-derived records report 832.3 MW of nameplate capacity, while project, financing, and transaction sources generally describe the facility as 700 MW; the figures likely reflect different capacity conventions or plant-record updates. — Source · confidence: medium
- Quality notes.1: The 2025 Strategic Value Partners transaction is described as an agreement or regulatory transaction involving 31.64% to 32% of the equity, not as a sale of the entire generating facility. The disclosed sellers are JERA Americas and San Jacinto Carroll Holdings. — Strategic Value Partners Announces Agreement to Acquire 32% Equity Stake in Carroll County Energy Holdings · confidence: medium
- Quality notes.1: The 2025 Strategic Value Partners transaction is described as an agreement or regulatory transaction involving 31.64% to 32% of the equity, not as a sale of the entire generating facility. The disclosed sellers are JERA Americas and San Jacinto Carroll Holdings. — Source · confidence: medium
- Commercial parties.0: {"relationship":"Operating entity and project company","name":"Carroll County Energy LLC","detail":"Registered project company and operating entity for the PJM natural-gas-fired combined-cycle facility in Carroll County, Ohio.","official_url":"https://www.carrollcountyenergy.com/"} — Source · confidence: high
- Commercial parties.1: {"relationship":"Developer, asset manager, and equity partner","name":"Advanced Power","detail":"Developed the project, closed the original project financing, served as construction and asset manager, and remained an equity partner during operations.","official_url":"https://www.advanced-power.com/"} — Source · confidence: high
- Commercial parties.2: {"relationship":"Equity investor","name":"TIAA","detail":"Named as an equity commitment provider in the 2015 project financing and included among the project’s equity investors.","official_url":"https://www.tiaa.org/public"} — Carroll County Energy Begins Commercial Operations - IN—HOUSE · confidence: medium
- Commercial parties.3: {"relationship":"Equity investor and 2025 selling party","name":"JERA Americas","detail":"Held a 20% interest in the pre-transaction ownership structure and was identified in regulatory filings as a seller of that interest to SVP; JERA also announced the transfer of its project interests to SVP.","official_url":"https://jeraamericas.com/"} — JERA Americas Transfers Carroll County Energy Project Interests To Strategic Value Partners - JERA Americas · confidence: medium
- Commercial parties.3: {"relationship":"Equity investor and 2025 selling party","name":"JERA Americas","detail":"Held a 20% interest in the pre-transaction ownership structure and was identified in regulatory filings as a seller of that interest to SVP; JERA also announced the transfer of its project interests to SVP.","official_url":"https://jeraamericas.com/"} — Source · confidence: medium
- Commercial parties.7: {"relationship":"2025 buyer","name":"Strategic Value Partners","detail":"Its managed funds agreed to acquire approximately 32% of Carroll County Energy Holdings, comprising interests identified in regulatory filings as 20% from JERA Americas and 11.64% from San Jacinto Carroll Holdings; transaction value was undisclosed.","official_url":"https://www.svpglobal.com/"} — Strategic Value Partners Announces Agreement to Acquire 32% Equity Stake in Carroll County Energy Holdings · confidence: medium
- Commercial parties.7: {"relationship":"2025 buyer","name":"Strategic Value Partners","detail":"Its managed funds agreed to acquire approximately 32% of Carroll County Energy Holdings, comprising interests identified in regulatory filings as 20% from JERA Americas and 11.64% from San Jacinto Carroll Holdings; transaction value was undisclosed.","official_url":"https://www.svpglobal.com/"} — Source · confidence: medium

## Timeline

- 2013 — Project plans announced
  Plans to build Carroll County Energy were announced in July 2013.
  Source: Carroll County Energy Begins Commercial Operations - IN—HOUSE (https://www.whitehallandcompany.com/news/carroll-county-energy-begins-commercial-operations)
- 2015-04-07 — Project financing closed
  Advanced Power closed $899 million of project financing, comprising $411 million of equity commitments and $488 million of senior-secured construction credit facilities.
  Source: Advanced Power Closes Financing of $899 Million Carroll County Energy Project in Ohio » Carroll County Energy (https://www.carrollcountyenergy.com/news/advanced-power-closes-financing-of-899-million-carroll-county-energy-project-in-ohio)
- 2015-07-21 — Construction began
  Bechtel broke ground on the 700-MW natural-gas-fired combined-cycle Carroll County Energy Facility under an engineering, procurement, construction, and start-up assignment.
  Source: Bechtel Breaks Ground on New Combined-Cycle Power Plant in Ohio - Bechtel (https://www.bechtel.com/press-releases/bechtel-breaks-ground-on-new-combined-cycle-power-plant-in-ohio/)
- 2017-12 — Commercial operation began
  Commercial operations began in mid-December 2017, with the project entering service as a PJM combined-cycle natural-gas generating facility.
  Source: Carroll County Energy Begins Commercial Operations - IN—HOUSE (https://www.whitehallandcompany.com/news/carroll-county-energy-begins-commercial-operations)
- 2018-01-16 — Construction completion announced
  Bechtel announced completion of the Carroll County Energy Facility and stated that Advanced Power had taken over commercial operation.
  Source: Bechtel Completes Carroll County Energy Facility (https://www.prnewswire.com/news-releases/bechtel-completes-carroll-county-energy-facility-300583306.html)

## Sources

- [Home » Carroll County Energy](https://www.carrollcountyenergy.com/) — carrollcountyenergy.com · tier other
- [13-1752-EL-BGN:Carroll County Energy Generation Facility](https://opsb.ohio.gov/cases/13-1752-el-bgn) — opsb.ohio.gov · tier regulatory
- [Combined Filings](https://www.regulations.gov/document/FERC-2024-0127-0001) — regulations.gov · tier regulatory
- [Combined Notice of Filings #2](https://www.federalregister.gov/documents/2026/07/23/2026-14833/combined-notice-of-filings-2) — federalregister.gov · tier regulatory
- [About Us » Carroll County Energy](https://www.carrollcountyenergy.com/about-us) — carrollcountyenergy.com · tier other
- [Carroll County Energy Facility - Bechtel](https://www.bechtel.com/projects/carroll-county-energy-facility/) — bechtel.com · tier other
- [Advanced Power Closes Financing of $899 Million Carroll County Energy Project in Ohio » Carroll County Energy](https://www.carrollcountyenergy.com/news/advanced-power-closes-financing-of-899-million-carroll-county-energy-project-in-ohio) — carrollcountyenergy.com · tier other
- [Carroll County Energy Achieves Prestigious VPP Star Certification | EthosEnergy](https://ethosenergy.com/news-and-events/carroll-county-energy-achieves-prestigious-vpp-star-certification) — ethosenergy.com · tier other
- [Source](https://carrollcountyenergy.com/about-us) — carrollcountyenergy.com · tier other
- [7F Heavy Duty Gas Turbine | 7F.04/7F.05 | GE Vernova](https://www.gevernova.com/gas-power/products/gas-turbines/7f) — gevernova.com · tier other
- [Bechtel Completes Carroll County Energy Facility](https://www.prnewswire.com/news-releases/bechtel-completes-carroll-county-energy-facility-300583306.html) — prnewswire.com · tier other
- [Strategic Value Partners Announces Agreement to Acquire 32% Equity Stake in Carroll County Energy Holdings](https://www.prnewswire.com/news-releases/strategic-value-partners-announces-agreement-to-acquire-32-equity-stake-in-carroll-county-energy-holdings-302573785.html) — prnewswire.com · tier other
- [Source](https://www.monitoringanalytics.com/filings/2025/IMM_Comments_Docket_No_EC25-152_20251021.pdf) — monitoringanalytics.com · tier other
- [Carroll County Energy LLC's Senior Secured Term L | S&P Global Ratings](https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3195637) — spglobal.com · tier other
- [Carroll County Energy Begins Commercial Operations - IN—HOUSE](https://www.whitehallandcompany.com/news/carroll-county-energy-begins-commercial-operations) — whitehallandcompany.com · tier other
- [Bechtel Breaks Ground on New Combined-Cycle Power Plant in Ohio - Bechtel](https://www.bechtel.com/press-releases/bechtel-breaks-ground-on-new-combined-cycle-power-plant-in-ohio/) — bechtel.com · tier other
- [JERA Americas Transfers Carroll County Energy Project Interests To Strategic Value Partners - JERA Americas](https://jeraamericas.com/jera-americas-transfers-carroll-county-energy-project-interests-to-strategic-value-partners/) — jeraamericas.com · tier other
- [Sponsors explore sale of PJM power plant stake - IN—HOUSE](https://www.whitehallandcompany.com/news/sponsors-explore-sale-of-pjm-power-plant-stake) — whitehallandcompany.com · tier other
- [Comments of the Independent Market Monitor for PJM](https://www.monitoringanalytics.com/filings/2026/IMM_Comments_Docket_No_EC26-39_20260126-PUBLIC.pdf) — monitoringanalytics.com · tier other
- [WAP State Factsheet](https://ohioipp.org/wp-content/uploads/2019/03/Carroll-County-Energy-Overview.pdf) — ohioipp.org · tier other

## Data quality

- EIA-derived records report 832.3 MW of nameplate capacity, while project, financing, and transaction sources generally describe the facility as 700 MW; the figures likely reflect different capacity conventions or plant-record updates. The 2025 Strategic Value Partners transaction is described as an agreement or regulatory transaction involving 31.64% to 32% of the equity, not as a sale of the entire generating facility. The disclosed sellers are JERA Americas and San Jacinto Carroll Holdings; No dated expansion, retirement, or repowering milestone is identified in the cited project history; the facility is described as operational.

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Canonical page: https://askthegrid.com/assets/facilities/carroll-county-energy

Source: Ask the Grid — https://askthegrid.com/