- Associated Press - Tuesday, March 3, 2015

CHARLESTON, W.Va. (AP) - A company is interested in spending about $1 billion to build two natural gas-fired power plants in West Virginia’s Northern Panhandle.

The State Journal (https://bit.ly/1ACxWkH) reports that the Brooke County Commission approved a memorandum of understanding for the project on Tuesday.

Energy Solutions Consortium LLC wants to build a 750-megawatt plant and a 550-megawatt plant on the former Wheeling Corrugating property in Beech Bottom. The property would be purchased from the Business Development Corporation of the Northern Panhandle.

Business Development executive director Pat Ford says the company and the county are working on a payment in lieu of taxes agreement. Energy Solutions would pay the county more than $25 million per plant over 30 years.

The project, which is still in negotiations, could create 60 permanent and 800 construction jobs.

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Information from: The State Journal, https://www.statejournal.com

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