Associated Press Published

Company Proposes Building Two Gas-Fired Power Plants in W.Va.

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A company plans to spend about $1 billion to build two natural gas-fired power plants in West Virginia’s Northern Panhandle.

The State Journal reports that the Brooke County Commission approved a memorandum of understanding for the project on Tuesday.

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

Business Development Corporation 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.