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Updated: 4:39 p.m. Tuesday, Feb. 23, 2010 | Posted: 3:49 p.m. Tuesday, Feb. 23, 2010
KARTHAUS, Pa. —
The project was projected to cost around $600 million and could have created around 60 jobs.
The plant was being developed by Sithe Global Power.
Company officials said the federal government wouldn't give them a loan guarantee.
They added that the loan guarantee would have given them instant credibility with lenders.
The plant would have been built right outside the small community of Karthaus.
Residents said they sensed something was wrong when construction slowed at the plant site.
They added that the loss of the potential jobs is a big disappointment.
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