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Brookhaven IDA closes on new benefits pact that keeps peak-power generation plant in Shoreham

11/15/17

Brookhaven IDA closes on new benefits pact that keeps peak-power generation plant in Shoreham

FARMINGVILLE, NEW YORK (Nov. 15, 2017) –Frederick C. Braun, III, chairman of the Town of Brookhaven Industrial Development Agency, announced that the IDA has closed on a new package of economic incentives that will keep an electricity generating plant in Shoreham from shutting down.

The Shoreham facility, owned by J Power USA-Shoreham Energy LLC, is a 90-MW, jet-fuel-fired, electric generating peaking facility on almost 10 acres of land leased from LIPA since 2002. The plant previously was owned by PPL Corp. and was acquired by J Power in 2010.

The plant, which has six employees, had operated under a now-expired PILOT Agreement between LIPA and the Town of Brookhaven. J-Power asked the IDA for a new PILOT between itself and the IDA to help keep the plant, which could be disassembled and moved, in Shoreham.

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