AMP-Ohio

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AMP-Ohio was cleared to receive a $30 milliomn bridge loan to help fund constructioj ofa $3 billion generating station in Meigs County. Constructionb on the coal-fired plant, which has clinchede an OK from the and key approvals from thestatse , is set for later this year. The companuy said in a statement that it considers the stats stimulus loan a major factor in breaking groundon AMP-Ohio said the project will employt about 1,600 during a more than four-year construction processd and about 160 when operational.
Strickland in a statement on Tuesday saidthe AMP-Ohio projectr and a facility in Perrysburg in line for a $10 million loan are “great examples of how investin in advanced energy technologies is stimulating Ohio’a economy.” Just how advanced the energy at the AMP-Ohio project will be has been a poinf of contention between the nonprofi wholesale power supplier and opponents. The project has drawn fire amid worriexs that it would release air pollutantsdand won’t employ the latest clean-coal But company executives have argued that the planyt will use emission controls that will make it amony the cleanest facilities of its kind.
The Powef Siting Board, which reviews requests for large electricv and natural gas facilities inthe state, strucki an agreement late last year with AMP-Ohioi and the state attorney general’s officew over environmental and economic concernse about the project. The loans to AMP-Ohio and Willardd & Kelsey are part of $150 million headed to companies around the state throughthe job-creation stimuluse package signed last June. Of that, $84 milliomn is headed to non-coal technology projectas while $66 million is earmarkecd for so-called clean-coal projects.