|From:||Lenny Siegel <email@example.com>|
|Date:||Sat, 3 May 2008 12:37:31 -0700 (PDT)|
|Subject:||[CPEO-BIF] Northern Ethanol, Niagara Falls, New York|
NIAGARA FALLS: Low-cost power OK�d for ethanol plant By Rick Forgione Niagara Gazette (NY) May 3, 2008A major step in helping bring a new ethanol production facility to Niagara Falls has been taken, but one final hurdle remains. New York Power Authority Board of Trustees approved Tuesday the allocation of 9,000 kilowatts of hydropower to Northern Ethanol, LLC, a Toronto-based company that plans to purchase a 47th Street parcel from Praxair for construction of a new ethanol facility, as well as offices, a laboratory and a warehouse.
The low-cost hydropower coming from the Niagara Power Project will help bolster plans for the facility, which expects to bring in a capital investment of $245 million and 105 new jobs.
...Northern Ethanol still is awaiting ruling on its application for acceptance into the state's Brownfield Cleanup Program to obtain tax credits in return for environmental cleanup and redevelopment of the 70-acre parcel. The purchase of the former Praxair property is contingent on receiving brownfield status, Northern Ethanol officials have said.
... For the entire article, see http://www.niagara-gazette.com/local/local_story_123180818.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <firstname.lastname@example.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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