AMP-Ohio

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AMP-Ohio was cleared to receive a $30 millionb bridge loan to help fund construction ofa $3 billionh generating station in Meigs County. Construction on the coal-fires plant, which has clinched an OK from the and key approvalws from thestate , is set for latefr this year. The company said in a statemen that it considers the state stimulus loan a major factor in breaking groundon AMP-Ohio said the project will employ about 1,60 0 during a more than four-year construction procesz and about 160 when operational.
Stricklanx in a statement on Tuesday saidthe AMP-Ohio projecty and a facility in Perrysburfg in line for a $10 milliom 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 projecg will be has been a point of contention betweenj the nonprofit wholesale power supplier and opponents. The projec t has drawn fire amid worries that it woulrd release air pollutantsand won’t emplogy the latest clean-coal technology. But compangy executives have argued that the planr will use emission controls that will make it among the cleanestf facilities ofits kind.
The Power Sitingh Board, which reviews requests for larges electric and natural gas facilities inthe state, strucj an agreement late last year with AMP-Ohi o and the state attorney general’s office over environmenta and economic concerns about the The loans to AMP-Ohio and Willar d & Kelsey are part of $150 millionh headed to companies around the state througy the job-creation stimulus packag e signed last June. Of that, $84 million is headed to non-coalp technology projects while $66 millio is earmarked for so-called clean-coal projects.