Saturday, April 17, 2010
East Kentucky Power Seeks Request Withdrawal
KENTUCKY....
East Kentucky Power Cooperative has filed a request with the state Public Service Commission asking they be allowed to withdraw a request for approval of up to $900 million in private financing it had planned to use to build a new 278-megawatt coal-fired power plant in the Trapp community of Clark County. The cooperative produces power for its 16 member co-ops that in turn service more than a half-million homes, farms and businesses throughout central and eastern Kentucky. The cooperative still has a "certificate of public convenience and necessity" that allows it to build the plant, and the withdrawal of the request for financing doesn't kill the project. The plant would have provided enough electricity to power 150,000 homes. The cooperative stated it plans to refile the application, pending a reassessment.
East Kentucky Power Cooperative has filed a request with the state Public Service Commission asking they be allowed to withdraw a request for approval of up to $900 million in private financing it had planned to use to build a new 278-megawatt coal-fired power plant in the Trapp community of Clark County. The cooperative produces power for its 16 member co-ops that in turn service more than a half-million homes, farms and businesses throughout central and eastern Kentucky. The cooperative still has a "certificate of public convenience and necessity" that allows it to build the plant, and the withdrawal of the request for financing doesn't kill the project. The plant would have provided enough electricity to power 150,000 homes. The cooperative stated it plans to refile the application, pending a reassessment.
# posted by Homer Owens @ 1:41 PM 
