Natural Gas Fired Combined CycleNYISO · Dutchess Countyplant:plant-57185

Cricket Valley Energy

Cricket Valley Energy Center LLC - Dutchess County - NYISO

Cricket Valley Energy is a 1,100 MW natural-gas-fired combined-cycle generating facility in Dover Plains, Dutchess County, New York. It sells electricity, capacity, and ancillary services into the NYISO wholesale market via a 345 kV interconnection to Con Edison's transmission system. Cricket Valley Energy Center LLC, formed in 2009 as a single-purpose project entity and developed by Advanced Power AG, is the facility's legal owner. holds a majority equity interest following an out-of-court recapitalization in which Kiwoom's mezzanine debt converted into common equity.

Overview

Key fields

Nameplate capacity
1,312.5 MW

Canonical EIA plant baseline.

Registry anchor
Plant 57185

plant-57185

Structured profile

Technology
Natural Gas Fired Combined Cycle
Operator
Cricket Valley Energy Center LLC

Units and generators

Operating generator records and technology attributes reported through EIA-860.

GeneratorCapacityTechnologyOperationStatus
U001174.2 MW
143.3 MW summer
Natural Gas Fired Combined Cycle
Natural Gas · CA
Apr 2020Operating
U002174.2 MW
143.3 MW summer
Natural Gas Fired Combined Cycle
Natural Gas · CA
Apr 2020Operating
U003174.2 MW
143.3 MW summer
Natural Gas Fired Combined Cycle
Natural Gas · CA
Apr 2020Operating
U004263.3 MW
195.4 MW summer
Natural Gas Fired Combined Cycle
Natural Gas · CT
Apr 2020Operating
U005263.3 MW
195.4 MW summer
Natural Gas Fired Combined Cycle
Natural Gas · CT
Apr 2020Operating
U006263.3 MW
195.4 MW summer
Natural Gas Fired Combined Cycle
Natural Gas · CT
Apr 2020Operating

Performance

Monthly EIA generation history and recent market-resource behavior where linked telemetry is available.

Peer context

Technology capacity
1,312.5 MW
Natural Gas Fired Combined Cycle
National rank
#37
of 538 operating peers
NY rank
#1
of 39 operating peers

Monthly generation

Download CSV
Latest 12 months
5.97 TWh
Reported net generation
Latest report
Apr 2026
EIA-923 monthly filing
2025 capacity factor
41.6%
Using current reported nameplate capacity
May 2023: 551.8 GWh2023-05Jun 2023: 543.2 GWhJul 2023: 593 GWhAug 2023: 491.4 GWhSep 2023: 499.9 GWhOct 2023: 433.3 GWhNov 2023: 216.4 GWh2023-11Dec 2023: 379.6 GWhJan 2024: 191.3 GWhFeb 2024: 278.8 GWhMar 2024: 301.4 GWhApr 2024: 487.6 GWhMay 2024: 418.1 GWh2024-05Jun 2024: 421.8 GWhJul 2024: 421.2 GWhAug 2024: 270.4 GWhSep 2024: 437 GWhOct 2024: 293.1 GWhNov 2024: 459.6 GWh2024-11Dec 2024: 180.8 GWhJan 2025: 47.6 GWhFeb 2025: 189.8 GWhMar 2025: 311 GWhApr 2025: 389.4 GWhMay 2025: 231.9 GWh2025-05Jun 2025: 407.2 GWhJul 2025: 468.2 GWhAug 2025: 570.2 GWhSep 2025: 502.8 GWhOct 2025: 511.2 GWhNov 2025: 658.1 GWh2025-11Dec 2025: 491.9 GWhJan 2026: 435.2 GWhFeb 2026: 379.3 GWhMar 2026: 629 GWhApr 2026: 682.6 GWh2026-04

Monthly generation is reported through EIA-923. Capacity factor uses the current EIA nameplate capacity and is shown only for complete calendar years.

Grid and market context

Deterministic links to ERCOT market resources, price records, outage disclosures, queue records, and nearby infrastructure. Candidate joins remain labeled until corroborated.

Nearby substations

HIFLD infrastructure inventory
IN SERVICE · 115 kV
7.7 km
IN SERVICE · 115 kV
11.7 km
IN SERVICE · 345 kV
13.1 km
IN SERVICE · 115 kV
14.8 km
IN SERVICE · 115 kV
16.1 km

Commercial, land, and environmental record

Source-backed project transactions, agreements, land records, permits, and environmental disclosures. Portfolio and adjacent-project facts remain explicitly scoped.

Financing

Financial Close
Jan 26, 2017
Cricket Valley announced successful financial close for the USD 1.584 billion construction project. The facility was fully permitted and approximately 1,100 MW. Financing comprised USD 709 million in equity commitments from JERA, TIAA Investments, Advanced Power, BlackRock, Development Bank of Japan, and NongHyup Financial Group, and USD 875 million in funded debt facilities from a syndicate of banks.
$1.6BCricket Valley Energy Center LLC · JERA Co., Inc. · TIAA Investments · Advanced Power AG · BlackRock Financial Management Inc. · Development Bank of Japan · NongHyup Financial Group · GE Energy Financial Services, Inc. · BNP Paribas · Crédit Agricole Corporate and Investment Bank · Bank of America, N.A. · CIT Bank, N.A. · Industrial Bank of Korea · Shinhan Bank · Industrial and Commercial Bank of China Limited · National Australia Bank Limited · Siemens Financial Services, Inc. · Sumitomo Mitsui Banking Corporation
ippjournal.com

Transactions and agreements

Project Formation
2009
Cricket Valley Energy Center LLC was formed as a single-purpose entity under New York Limited Liability Company Law to construct, own, and operate the facility.
Cricket Valley Energy Center LLC
nrc.gov
Regulatory Authorization
Feb 14, 2013
The New York Public Service Commission issued a Certificate of Public Convenience and Necessity (CPCN) to Cricket Valley Energy Center, authorizing the facility's construction, operation, and maintenance under a lightened regulatory regime.
New York Public Service Commission · Cricket Valley Energy Center LLC
documents.dps.ny.gov
Regulatory Ruling
Dec 19, 2016
The New York PSC issued a declaratory ruling on indirect ownership-transfer transactions by Cricket Valley and multiple affiliates (AP Cricket Valley Holdings II, MC CVEC Project Holdings, Kiwoom SPV, Development Bank of Japan SPV, and others) intended to enable construction financing and project development.
New York Public Service Commission · Cricket Valley Energy Center LLC · AP Cricket Valley Holdings II Inc. · MC CVEC Project Holdings I, LLC · Kiwoom SPV · Development Bank of Japan
documents.dps.ny.gov
Construction Commencement
Jul 2017
Bechtel commenced construction of the Cricket Valley Energy Center on behalf of the project ownership group.
Bechtel · Cricket Valley Energy Center LLC
bechtel.com
Equity Transfer
Jan 4, 2018
JERA sold 6% of its equity interest in Cricket Valley Energy Center to the Development Bank of Japan, reducing JERA's stake from approximately 44% to approximately 38%. Development Bank of Japan was an existing investor in the project.
JERA Co., Inc. · Development Bank of Japan · Cricket Valley Energy Center LLC
jera.co.jp

Related parties and identifiers

Parties, market resources, and identifiers tied to this asset, with owner, operator, developer, EPC, compliance provider, and interconnecting entity roles kept separate.

Relationship graph

Drag organizations to explore the network. Select a node to pin its details and available page link.

AssetOwner / operatorFinancierContractorEquipmentOrganizationMarket / regulator

Parties and identifiers

RelationshipEntityBasis
Developer / affiliateAdvanced Power AGDeveloper and construction/asset manager
Equity investorMarubeni Power International, Inc.Early minority owner
Equity investorDevelopment Bank of JapanEquity investor and infrastructure financier
Asset managerOlympus Power, LLCAsset manager
O&M providerCricket Power Operations, LLCOperations and maintenance provider
EPC contractorBechtelEngineering, procurement, and construction contractor
Equipment supplierGeneral ElectricTurbine technology and equipment supplier
Transmission owner / interconnecting utilityConsolidated Edison Company of New York, Inc.Transmission owner and interconnection counterparty
Balancing authority / market operatorNew York Independent System Operator (NYISO)Market operator and balancing authority
Fuel supplierIroquois Gas Transmission SystemNatural gas pipeline supplier
Grid selectionplant:plant-57185Canonical asset page /nyiso/assets/plant/cricket-valley-energy.

Reporting portfolio

EIA reporting entity
Cricket Valley Energy Center LLC
Entity 56534
Operating portfolio
1 plants
1 states
Reported capacity
1,312.5 MW
Natural Gas Fired Combined Cycle

Portfolio membership follows the latest EIA-860 reporting entity. It does not imply ultimate ownership.

Timeline and sources

Project milestones and public references behind the asset profile.

Project timeline

  1. Cricket Valley formed as single-purpose project companynrc.gov

    Cricket Valley Energy Center LLC was formed as a single-purpose entity under New York Limited Liability Company Law to construct, own, and operate the facility.

  2. CPCN granted for facility construction and operationdocuments.d...

    The New York Public Service Commission issued a Certificate of Public Convenience and Necessity (CPCN) to Cricket Valley Energy Center, authorizing the facility's construction, operation, and maintenance under a lightened regulatory regime.

  3. PSC ruling on ownership transfers for construction financingdocuments.d...

    The New York PSC issued a declaratory ruling on indirect ownership-transfer transactions by Cricket Valley and multiple affiliates (AP Cricket Valley Holdings II, MC CVEC Project Holdings, Kiwoom SPV, Development Bank of Japan SPV, and others) intended to enable construction financing and project development.

  4. Original construction financing closed at USD 1.584 billionippjournal....

    Cricket Valley announced successful financial close for the USD 1.584 billion construction project. The facility was fully permitted and approximately 1,100 MW. Financing comprised USD 709 million in equity commitments from JERA, TIAA Investments, Advanced Power, BlackRock, Development Bank of Japan, and NongHyup Financial Group, and USD 875 million in funded debt facilities from a syndicate of banks.

  5. Construction Commencedbechtel.com

    Bechtel commenced construction of the Cricket Valley Energy Center on behalf of the project ownership group.

  6. JERA sells 6% interest to Development Bank of Japanjera.co.jp

    JERA sold 6% of its equity interest in Cricket Valley Energy Center to the Development Bank of Japan, reducing JERA's stake from approximately 44% to approximately 38%. Development Bank of Japan was an existing investor in the project.

  7. Generators enter operationEIA-860

    EIA-860 lists generator U001, generator U002, generator U003, generator U004, generator U005, generator U006 with this operating date.

Common questions about Cricket Valley Energy

Answered from the published record above. Questions whose inputs this profile does not carry are omitted rather than estimated.

How big is Cricket Valley Energy?

Cricket Valley Energy has a reported capacity of 1,312.5 MW. Source: EIA Form 860M.

What kind of plant is Cricket Valley Energy?

Cricket Valley Energy is a Natural Gas Fired Combined Cycle facility in Dutchess County, NY, participating in the NYISO market.

Where is Cricket Valley Energy located?

Cricket Valley Energy is in Dutchess County, NY, inside the NYISO balancing area.

Who operates Cricket Valley Energy?

Cricket Valley Energy is operated by Cricket Valley Energy Center LLC according to the EIA generator inventory. Reporting membership does not by itself establish ultimate ownership.

How much electricity does Cricket Valley Energy generate?

Cricket Valley Energy reported 5,967.7 GWh over the twelve months to 2026-04. Figures are net generation as filed to EIA-923.

How does Cricket Valley Energy compare to other plants?

By capacity, Cricket Valley Energy ranks #37 of 538 operating plants of the same technology nationally. It ranks #1 of 39 in NY.

Asset analyst
plant:plant-57185

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