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Alternative Energy Holdings Inc. seeks to build a multibillion-dollar 1,600-megawatt nuclear power plant in the county north of the Snake River.
"We want the Idaho Energy Complex to become one of the mainstays of Elmore County's economy and provide low-cost, emissions-free electricity to the Treasure Valley and beyond," said Don Gillispie, president and CEO. "This rezone application is a key step that must be taken to add another profitable, stable industry to Elmore County and to add a plentiful, safe and reliable power source for Idaho and our region."
If the county officials rezone the land, the company would apply for a conditional use permit. It also would need a license from the federal Nuclear Regulatory Commission. No dates have been set for those submissions.
Last week, New York-based auditors Rotenberg & Co. reported the company had lost so much money that it raised "significant" doubt about its ability to continue. Company officials said nearly $5 million in losses would not stop it from moving forward.
To see more of the Idaho Statesman, or to subscribe to the newspaper, go to http://www.idahostatesman.com Copyright (c) 2008, The Idaho Statesman, Boise Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
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