A Maryland-based company bioenergy company has plans to build in Shelton a $250 million plant that converts wood waste from logging into energy.
Gov. Chris Gregoire, ADAGE company officials and others are scheduled to announce details of the project Thursday afternoon at the Port of Olympia.
The biomass power plant is expected to support 275 direct and indirect jobs per year, generate enough renewable energy to power 40,000 homes and pump some $70 million annually into the local economy.
The plant will use green technology to ensure lower greenhouse gas emissions and water use than a traditional power plant, according to advance information about Thursday’s announcement.
John Dodge, The Olympian – http://www.theolympian.com/breakingnews/story/1125196.html