Gas, New Projects

Kleen Energy damages

Kleen Energy Systems has agreed to pay $8.4 million dollars in damages for costs associated with delayed production at its Connecticut power plant, which was the site of a deadly gas explosion in February. The payments are expected to help reduce the electric bills of Connecticut Light & Power customers.

The agreement means the company will avoid an inquiry before state utility regulators that could have forced Kleen Energy to disclose privately held information on subjects such as the plant’s financing, its construction schedule, its contractor’s safety practices and data on the cause of the explosion that killed six.

Kleen Energy’s $1 billion natural gas-to-electricity plant was scheduled to become operational Nov. 30. The explosion has pushed the commercial startup date to April.

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