Access Energy to Build Major Clean Energy Plant in Ludlow
July 7, 2005
LUDLOW, Vt. B A major clean energy plant is coming to Ludlow, generating millions in new investment, dozens of new jobs and a reliable, homegrown source of electricity for Vermont.
Access Energy, LLC, plans to build a 20 megawatt biomass power plant in an industrial park here. Local business and political leaders strongly supported the project at a press conference today, calling it a win-win for Ludlow and Vermont.
AAs the impact of global warming intensifies, this facility can be part of the solution,== said Bob McClenachan, President of Access Energy. AThe plant will provide enormous economic and environmental benefits to Vermont and the town of Ludlow.==
The announcement comes shortly after the Vermont General Assembly passed and Governor Jim Douglas signed a renewable energy law requiring utilities to buy increasing amounts of clean energy. The 20 megawatt woodchip plant meets the law=s green criteria and will help Vermont utilities meet clean energy requirements at stable power prices.
AWe are thrilled to have such an exciting project for Ludlow,== said Ron Bixby, president of Ludlow Economic Corp. AIt means new jobs, clean energy, and major tax improvements for the town. Access Energy has a record of success and achievement and we are looking forward to working together.==
Other benefits of the new plant include:
C At least 20 full-time jobs associated with plant operation, including a full-time forester.
C Up to 50 full-time jobs for fuel procurement and transportation.
C More than 150 construction jobs.
C A $45 million increase to the property tax base of Ludlow.
C The use of wood, which will enhance the health of Vermont=s woodlots and forests.
C Stable long-term power pricing.
The company expects the project to commence commercial operation in early 2008.
About Access Energy
Access Energy specializes in converting landfill gas and biomass to renewable energy and is developing other projects in Wisconsin, Pennsylvania and Connecticut. Together with the Ludlow facility, these projects will provide more than 55 megawatts of clean power.
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