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Wednesday, January 14, 2015

$800 Million Natural Gas Power Plant Moving Forward in Lordstown

From Business Journal Daily:
“The heavy lifting is done,” says Mayor Arno Hill of an $800 million project that would see a power generation plant built in his village. “We know what we have to do to wrap it up, and there’s not going to be any problems.” 
Hill’s optimism comes from months of working with Clean Energy Future Lordstown LLC to find new site for an electricity plant to be fueled by natural gas. In June the village planning commission vetoed rezoning to industrial a 57-acre site at 1107 Salt Springs Road, land first identified by the Boston-area company in April (READ STORY). 
The new site is in the Lordstown Industrial Park, on property owned by the Henn family and already zoned industrial. Although the sale has been agreed to -- terms not disclosed -- the transaction has not closed, Hill says. 
“There’s nothing to hold up this project now that I can see,” he adds. 
In December the project received the go-ahead from PJM Interconnection, a regional transmission organization that coordinates the movement of wholesale electricity in 13 states, according to the Federal Energy Regulatory Commission’s website.
The rest of this story can be viewed by clicking here.

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