PDA Asks PSC for Extension on $200 Million P&G Project
Tuesday, July 15th, 2014
The letter sent to the state Public Service Commission by the Albany-Dougherty Payroll Development Authority Monday had sizeable implications for the community — around $200 million worth in fact.
The PDA board OK’d sending the letter to PSC Commissioner Chuck Eaton as a precursor to the commission’s Thursday meeting, at which it will decide whether to grant Procter & Gamble Albany and Sterling Energy Assets another 45-day extension in which to finalize financing of a $200 million biomass project that would increase the paper products company’s renewable energy usage by 30 percent.
