Follow us on

Saturday, May 18, 2013 | 8:01 a.m.

Updated: 4:39 p.m. Tuesday, Feb. 23, 2010 | Posted: 3:49 p.m. Tuesday, Feb. 23, 2010

Clearfield County Waste Coal Plant Project Canceled

KARTHAUS, Pa. —

A multimillion-dollar project to build a waste coal plant in Clearfield County has been canceled.

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.

More News

 
 
 

© 2013 Sinclair Broadcast Group. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad ChoicesAdChoices.