GEI Global Energy Corp announced yesterday they have signed a letter of intent (LOI) with Owl Eco Group to buildĀ a 100 megawatt electric generation plant in western Pennsylvania that runs on Marcellus Shale gas.
Not only will this be a massive project taking several years and costing $470 million to build, but GEI says the plan calls for the power plant to get its very own Marcellus Shale well drilled to supply it. Smart…