AMP-Ohio

hydiuco.blogspot.com
AMP-Ohio was cleared to receive a $30 millionh bridge loan to help fund construction ofa $3 billionb generating station in Meigs County. Construction on the coal-firedf plant, which has clinched an OK from the and key approvals from thestated , is set for later this year. The compan y said in a statement that it considers the state stimulus loan a major factor in breakint groundon schedule. AMP-Ohio said the projec will employabout 1,600 during a more than four-year construction process and about 160 when operational.
Strickland in a statementg on Tuesday saidthe AMP-Ohio project and a facilitt in Perrysburg in line for a $10 million loan are “greart examples of how investing in advanced energy technologiesz is stimulating Ohio’s economy.” Just how advanced the energ y at the AMP-Ohio project will be has been a poin t of contention between the nonprofit wholesale power supplier and opponents. The project has drawn fire amid worries that it woulds release air pollutantsand won’t employ the latestr clean-coal technology.
But company executivesa have argued that the plant will use emissionj controls that will make it amongb the cleanest facilities of its The PowerSiting Board, which reviewzs requests for large electric and natural gas facilitieds in the state, struck an agreement late last year with AMP-Ohio and the statw attorney general’s office over environmental and economicf concerns about the project. The loans to AMP-Ohio and Willard & Kelsey are part of $150 million headed to companiee around the state throughthe job-creatiobn stimulus package signed last Of that, $84 million is headed to non-coal technology projects while $66 million is earmarked for so-called clean-coaol projects.