And US energy giant Exelon, which took part in the Visaginas nuclear power plant project, is behind the back of the NET Power startup which has developed a new-technology gas power plant, the vz.lt business news website reports.
8 Rivers Capital was the only participant of the Ministry of Energy's announced survey, proposing implementing the power plant project under market conditions, i.e., without any state assistance. It invests into and helps to implement highly-risky and future-oriented technology projects.
The US companies built a 50 MW gas power plant, valued at around 150 mln US dollar, in Texas, in cooperation with McDermott, Exelon and Oxy Low Carbon Ventures.
Exelon Generation's subsidiary Exelon Nuclear Partners considered taking part in the Visaginas NNP project and was picked as the project's engineer in 2011 but the project failed to secure public support and was halted.
The value of planned investment in Lithuania has not been disclosed.
