Tag Power Plant

Community

C.A.R.E. files voluntary dismissal of motion to intervene

The attorney for the Citizens Alliance for Responsible Energy (C.A.R.E.) has filed a voluntary dismissal of the group’s motion to intervene through the Indiana Department of Environmental Management. View a PDF of the CARE dismissal filed today by Jim Brugh.…

December 30, 2015

Community

LMU generating plant will close by January 31, 2016

After three years and three failed attempts to keep the doors open, the days are numbered for Logansport’s electric generating plant. “The generating plant is going to cease operations no later than January 31 of 2016,” LMU Superintendent Paul Hartman…

December 22, 2015

Community, Government

Logansport City Council terminates costly power plant project

In a special meeting Friday, Dec. 18, the Logansport City Council voted to revoke the mayor’s authority to negotiate with SGP Energy Logansport LLC and to terminate the request for proposals process pursuant to the public private agreement act. It’s…

December 20, 2015

Community, Government

Mayor recommends terminating power plant negotiations

A controversial project into which Logansport’s elected officials invested millions of dollars in consulting fees and legal fees over the last four years appears to be coming to a halt. In a letter to the Logansport City Council dated Dec.…

December 17, 2015

Columns

SG Preston believes letter from Sierra Club grossly violates public trust

The recent letter from Ms Perras of the Indiana Sierra Club comes from an organization which has had a long history of consumer environmental advocacy, and arguably is the reason why companies like SG Preston exist; to discover new and…

December 4, 2015

Columns

Sierra Club offers thoughts on Logansport’s power plant

Dear Editor, The proposed agreement between City of Logansport and a private developer to continue to operate the City’s aging municipal coal-burning power plant is likely to be environmentally harmful. It may also be an economic boondoggle for Logansport and…

November 21, 2015

Community, Government

City of Logansport shares letter regarding SG Preston escrow fund

The following announcement was posted on the City of Logansport’s Facebook page this afternoon: “The City of Logansport confirmed today that $3 Million dollars has been deposited by Millennium Energy Corporation and made available to SG Preston and its affiliates.…

October 30, 2015

Community, Government

Logansport mayor, SGP Energy announce project to repower and expand LMU electric generation

Mayor Ted Franklin today announced in concert with Mr. R. Delbert LeTang, CEO of S. G. Preston Company a venture that will assure long-term electric generation for Logansport and secure a competitive electric rate structure to ensure economic development in…

April 7, 2015

Government

Mayor plans to pursue third power plant option

Some of Logansport’s elected officials have promised hundreds of jobs, hundreds of millions of dollars in private investments and lower electric rates as part of a “rate stabilization initiative” introduced in November 2012. Despite failed negotiations with two companies, they…

April 6, 2015

Government

Council terminates TCS agreement, denies funds for annexation legal fees

Tonight, the Logansport City Council unanimously approved terminating agreements with TCS Logansport Energy Group LLC. Mayor Ted Franklin said he expects to issue a joint press release tomorrow with another group of investors regarding the future of Logansport’s electricity. Much…

April 6, 2015

Community, Government

Power Plant Deadline Passes, Mayor Issues Statement

MAYOR FRANKLIN ANNOUNCES CONTINUED EFFORTS TO REPOWER AND EXPAND LOGANSPORT MUNICIPAL UTILITIES POWER GENERATION Mayor Ted Franklin announced today his continuing efforts to achieve the primary objectives of the Rate Stabilization Initiative (primary objectives), which are: A public-private partnership will…

March 31, 2015