#USA #Stamford #AlphaGen #PJM #Energy Expansion

AlphaGen's Ambitious Project Submission

In a significant move towards enhancing power generation infrastructure, Alpha Generation, LLC (commonly known as AlphaGen) announced today the submission of approximately 2,700 megawatts (MW) of generation uprate and expansion projects. This initiative responds to PJM’s Request for Information concerning its Reliability Backstop Procurement strategy, reflecting AlphaGen's commitment to maintaining grid reliability in the face of increasing electricity demands across the PJM region.

The proposed generation capacity will be strategically distributed amongst sites in Maryland, New Jersey, and Ohio. The plans involve a mix of uprates to existing combined-cycle units and new dispatchable generation expansions at existing AlphaGen facilities. By focusing on projects at locations the company already operates, AlphaGen aims to reduce development risks and streamline processes while leveraging established infrastructure and community relationships.

Curt Morgan, CEO of AlphaGen, expressed optimism regarding this initiative, stating, _"These projects represent a practical, scalable way to bring meaningful and timely new capacity to market in response to tightening reserve margins and rising load forecasts."_ He emphasized the effectiveness of focusing on uprates and expansions at facilities already under AlphaGen’s management, allowing for a more rapid response to the requirements articulated by PJM and relevant state policymakers.

Among the submissions for this ambitious expansion project is 450 MW of high-reliability generation capacity, which AlphaGen had previously promoted through PJM’s Reliability Resource Initiative. Altogether, the company’s project pipeline in PJM now totals approximately 2,700 MW across ten distinct projects. This strategic positioning equips AlphaGen to effectively address their near and medium-term reliability needs, especially as electricity demand continues its upward trend.

AlphaGen is keen on commercializing these projects and is actively exploring various pathways, including:

• - Potential participation in PJM's Reliability Backstop Auction,
• - PJM-facilitated contracting processes,
• - Bilateral agreements with diverse counterparties.

Morgan further noted, _"We have the financial strength and experience in power generation development, construction, and operations to support mid- to long-term agreements that provide price certainty and reliability to customers."_ The company is dedicated to finding mutually advantageous solutions, given its extensive experience in interacting with various types of customers and agreements.

As the projects navigate through PJM’s interconnection review process, AlphaGen underscores its commitment to engaging constructively with PJM, state regulators, policymakers, and local communities. Should these projects proceed, they would not only enhance reliability across the PJM region but also contribute positively to investments, local property tax revenues, and job preservation at current AlphaGen facilities.

About AlphaGen

AlphaGen is a strategic partnership affiliated with ArcLight Capital Partners, LLC. The entity owns and operates vital power infrastructure aimed at delivering reliable, secure, and sustainable energy to meet the increasingly significant infrastructure demands owing to electrification and data center growth. Led by a highly experienced senior management team via Alpha Generation Services, LLC, AlphaGen emphasizes a proven track record of strategic, operational, and commercial expertise critical for creating value and managing risks. For further details, visit www.alphagen.com.