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Idaho nuke planners buy renewable energy firm

13 November 2007 -- The company that plans to build Idaho's first commercial nuclear power plant announced it has bought about half the interests in a Maryland-based alternative-energy company.

Alternate Energy Holdings, which plans to build a $3.5 billion nuclear power plant in Idaho, said it acquired 49.1 percent of renewable energy firm Freedom Energy Solutions with an option to take controlling interest in the company.

Freedom Energy Solutions and the Maryland Energy Administration plan for an 88-acre renewable energy and environmental campus in Mount Airy, Md.

Virginia-based AEH announced in December it would open Idaho's first commercial nuclear power plant in Owyhee County. The company's plans include a 1,500 MW nuclear plant, an ethanol production facility and a methane gas production center that will be powered by manure from nearby dairy farms.

AEH is in the process of securing permits from Owyhee County and the federal Nuclear Regulatory Commission.



Related Articles of Interest:

NRG Energy Asks NRC for COLA to Build 2,700 MW in Nuclear Capacity

NRC accepts Beaver Valley license renewal application




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