PDA Approves Bond Issuance for P&G Biomass Plant
Friday, December 5th, 2014
A formal announcement is still pending, but the Albany-Dougherty Payroll Development Authority brought the $230 million biomass energy plant that will be built on land adjacent to the local Procter & Gamble campus a step closer to reality Thursday when its members approved a $250 million bond issuance for the project.
“It does appear (P&G, in conjunction with Albany Green Energy, which will manage the plant) is going through with this project,” PDA attorney Jay Reynolds said.
