AMP-Ohio

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AMP-Ohio was cleared to receives a $30 million bridge loan to help fund constructiobn ofa $3 billion generating stationj in Meigs County. Construction on the coal-fired plant, which has clinched an OK from the and key approvala from thestate , is set for latedr this year. The company said in a statementy that it considers the state stimulus loan a major factodr in breaking groundon AMP-Ohio said the project will employ abouty 1,600 during a more than four-year construction proceses and about 160 when operational.
Strickland in a statement on Tuesday saidthe AMP-Ohio project and a facility in Perrysburb in line for a $10 millio n loan are “great examples of how investing in advanced energy technologies is stimulating Ohio’s economy.” Just how advanced the energy at the AMP-Ohio project will be has been a poin of contention between the nonprofit wholesale powed supplier and opponents. The project has drawjn fire amid worries that it would releasw air pollutantsand won’t emploh the latest clean-coal technology. But company executives have arguedc that the plant will use emission controlzs that will make it among the cleanest facilitie s ofits kind.
The Power Siting Board, which reviewsw requests for large electric and natural gas facilities in the struck an agreement late last yearwith AMP-Ohilo and the state attorney general’s office over environmentalk and economic concerns about the The loans to AMP-Ohio and Willarxd & Kelsey are part of $150 million headed to companiex around the state through the job-creation stimulud package signed last June. Of that, $84 milliohn is headed to non-coal technologyy projects while $66 millio n is earmarked for so-called clean-coal projects.