Private Developer Announces Plans for $900M Power Plant in Ohio

September 29, 2016
Private Developer Announces Plans for $900M Power Plant in Ohio

EmberClear Corp. has announced plans for a new $900 million natural gas-fired electric power generation plant in Ohio.

The company said that when approved, it will start building the 1,000-MW Harrison Power Project on 60-acres in the Harrison County Industrial park near U.S.22 in the eastern part of Harrison County. EmberClear said the industrial park is zoned for a power plant and county officials have pledged to help gain rights-of-way for gas, electric, and water services. Officials said it will take 18 to 36 months to win approval of various state and federal agencies before construction can begin. The company is looking towards a late2018 start date.

According to Raj Suri, CEO of EmberClear, “the proposed generating facility will provide enough electricity to power 1 million homes and bring capital investment of over $900 million to Harrison County.”

The project is expected to bring 500 construction jobs for the three-year build and when completed will add 30 permanent jobs to the county.

EmberClear noted there are several pipelines already located within 10 miles of the proposed site that will have the option to serve the facility, as well as several processing plants with options to supply other types of fuel.

EmberClear is based in Houston, Texas but had been headquartered in Alberta, Canada until recently. In a company press release, EmberClear said it had defaulted on $6.8 million unsecured debt and had failed to file financial statements with securities authorities. In July, 2016, EmberClear's bankruptcy application was approved and the company wound up its operations in Canada. EmberClear was listed on the TSX Venture Exchange in December 2010 but was delisted in 2015. Ember Partners acquired the rights for the project last July from EmberClear when it emerged from bankruptcy reorganization. The company website says EmberClear is now privately held by Ember Partners LP. A link to the project's Harrison Power Fact Sheet pdf has been taken offline.

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