News
11:34 am
Tue February 14, 2012

Dover Takes Another Step to Finance Infrastructure for Natural Gas Power Plant

 

     DOVER, Del. (AP) - A Dover City Council committee has agreed to

commit $6 million for the infrastructure around a proposed

natural-gas power plant.

     The News Journal of Wilmington, Del.

(http://tinyurl.com/8yente3), reports the money would cover half of

the estimated costs of improvements proposed by Calpine Corp.,

which plans to build a 300-megawatt plant. The action Monday must

be ratified by the council.

     Calpine and city officials are trying to obtain the rest of the

funds from the New Jobs Infrastructure Fund.

     City Manager Scott Koenig said the project could create 250

construction jobs and 15 full-time jobs, and generate more than $2

million in annual revenue for the city.

     Koenig said Calpine's board of directors has yet to sign off on

the plant, although there are plans for a June 2015 startup date.

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