Natural gas power plants are particularly cheap and quick to build. They also have very high thermodynamic efficiencies compared to other power plants. Burning of natural gas produces fewer pollutants like NOx, SOx and particulate matter than coal and oil. This means that air quality tends to improve (ie. reduces smog) when switching to natural gas plants from coal plants.
All natural gas plants use a gas turbine; natural gas is added, along with a stream of air, which combusts and expands through this turbine causing a generator to spin a magnet, making electricity.
Washington Capital Global Finance help you:
- Secure debt and/or equity financing for the construction of a natural gas project, including short-term projects
- Secure and finance power plant improvement project; and
- Secure from $5 million to $300 million USD for construction, acquisition or improvement of natural gas power plant.
If you have a natural gas plant that needs to be built or improved, let us evaluate the project. We’ll promptly tell you what we can do to support your financing needs.