Giora Almogi on capital expenditures
From OPC Energy Ltd - 2025 Investor Presentation · · OPC-ENERGY
“Overall, all of these uh this this expansion is looking at almost a $10 billion capix uh between construction, early stage and advanced stage.”
On , Giora Almogi, CEO at OPC Energy, spoke about capital expenditures during OPC Energy Ltd - 2025 Investor Presentation on OPC-ENERGY.
About Giora Almogi
Giora Almogi, CEO of OPC Energy, spoke at the company's 2025 investor presentation on March 18, 2026)Skip. He discussed regulatory developments in the PJM market, stating that the regulator and administration are "focused on growth" to address reliability and affordability issues)Skip. Almogi identified the interconnection queue as a major bottleneck and said PJM is reforming it through initiatives like the reliability resource initiative, which he said should accelerate interconnections and allow the company to develop projects beyond its current pipeline, including SHA and additional thermal capacitySkip. Almogi also commented on capacity market structures, arguing that the current three-year auction with a cap price is "definitely not sufficient" and that bifurcating capacity prices for existing and new plants positions the company favorablySkip. He noted that OPC's advanced projects, such as SHA, have costs "significantly below market" and that the company expects to participate in reliability backstop auctions to secure a 15-year capacity lock for new projectsSkip. Almogi stated that the company's overall expansion involves "almost a $10 billion capix between construction, early stage and advanced stage."