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.