Development of the site is dependent upon the final negotiation of appropriate tax abatements, economic and infrastructure incentives, construction contracts and pricing, as well as a successful effort by AMP to subscribe the project to its member municipal electric systems.
Earlier, the company canceled its plan to build a coal-fired power plant on the Meigs County site near Letart Falls.
AMP president and CEO Marc Gerken said that policy-makers at the local, state and federal levels have indicated their support for a natural gas project in Meigs County and AMP will work with them to finalize the abatements and incentives, including anticipated site infrastructure incentives from the State of Ohio.
