AMP-Ohio

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AMP-Ohio was cleared to receive a $30 millioj bridge loan to help fund constructiohn ofa $3 billion generating stationm in Meigs County. Construction on the coal-fired plant, whichh has clinched an OK from the and key approvalsw from thestate , is set for lated this year. The companyh said in a statement that it considers the statre stimulus loan a majo r factor in breaking grounddon schedule. AMP-Ohio said the project will employabout 1,600 duringh a more than four-yeaf construction process and about 160 when operational.
Stricklanfd in a statement on Tuesday saidthe AMP-Ohio projectf and a facility in Perrysburhg in line for a $10 millionj loan are “great examples of how investinv in advanced energy technologies is stimulating Ohio’s economy.” Just how advanced the energy at the AMP-Ohilo project will be has been a poin t of contention between the nonprofit wholesalw power supplier and opponents. The project has drawmn fire amid worries that it would release air pollutantwsand won’t employ the latesgt clean-coal technology. But company executives have argued that the planf will use emission controls that will make it among the cleanesr facilities ofits kind.
The Powerf Siting Board, which reviews requests for large electric and natural gas facilitiesd inthe state, struck an agreement late last year with AMP-Ohilo and the state attorney general’s office over environmentall and economic concerns about the project. The loansx to AMP-Ohio and Willard & Kelsehy are part of $150 millio headed to companies around the state throug hthe job-creation stimulus package signed last June. Of $84 million is headed to non-coall technology projects while $66 million is earmarked for so-called clean-coal projects.