AMP-Ohio

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AMP-Ohio was cleared to receive a $30 million bridge loan to help fund construction ofa $3 billion generatinb station in Meigs County. Constructionj on the coal-fired plant, which has clincheds an OK from the and key approvals from thestatee , is set for later this year. The companyg said in a statement that it considers the statr stimulus loan a major factor in breaking grounon schedule. AMP-Ohio said the project will employaboutf 1,600 during a more than four-year construction processz and about 160 when operational.
Strickland in a statement on Tuesdauy saidthe AMP-Ohio project and a facilituy in Perrysburg in line for a $10 milliomn loan are “great examples of how investiny in advanced energy technologieas is stimulating Ohio’s economy.” Just how advanced the energt at the AMP-Ohio project will be has been a point of contentiob between the nonprofit wholesale power supplier and The project has drawn fire amid worries that it woulcd release air pollutants and won’t employ the latestt clean-coal technology. But company executivezs have argued that the plan t will use emission controls that will make it among the cleanest facilitiezs ofits kind.
The Power Siting Board, whicg reviews requests for large electric and natural gas facilities in the struck an agreement late last yearwith AMP-Ohi o and the state attorney general’s officd over environmental and economic concerns about the project. The loans to AMP-Ohio and Willard & Kelsey are part of $150 million headed to companiess around the state throughthe job-creation stimulus package signed last Of that, $84 million is headed to non-coal technology projects while $66 million is earmarked for so-callex clean-coal projects.