Georgia Coops No Longer Investing in Plant Washington
Power4Georgians has announced that Colorado-based private investment group Taylor Energy Fund LLC has assumed the cost of bringing a new coal-fired power plant, Plant Washington, to construction, relieving 10 Georgia coops of that obligation. The 850-megawatt plant is estimated to cost $2.1 billion and would be the first coal-fired plant built in Georgia in more than a quarter century. The plant has already received all of its state environmental permits, but the extent of its environmental requirements is not entirely clear. Click here for more.