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Article: United States: Nonprofits power plant gets $30M Ohio loan.

Article from:
TendersInfo
Article date:
June 12, 2009
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Byline: kusumv03

The coal-fired power plant in southeast Ohio that AMP-Ohio is building with the help of 25 northwest Ohio communities was awarded a $30 million bridge loan yesterday by the Strickland administration.

The loan, funded by federal stimulus money, will be used to help finance the $3.3 billion project. It has been sited along the Ohio River in Meigs County.

The project qualified for the loan because Gov. Ted Strickland and the Ohio Air Quality Development Authority believe it will help advance state efforts to promote cleaner types of coal-based energy.

The facility will use a newer technology developed by New ...

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