Gov. Rick Snyder speaks at WE Energies/Wolverine Power press conference today in Marquette.
MARQUETTE, MI – (Great Lakes Radio News)- WE Energies and Wolverine Power Cooperative have announced that the two companies will pursue joint ownership and the addition of state-of-the-art emission controls at the Presque Isle Power Plant in Marquette.
Michigan Governor Rick Snyder spoke at a press conference in Marquette this morning where the companies announced the agreement in which Wolverine will acquire a minority interest in the facility by funding and constructing the air quality control additions.
Snyder said the investment by Wolverine of approximately $130 to $140 million to retrofit the facility to meet expected environmental regulations serves a model for the rest of the state for positive, economically beneficial partnerships.
Snyder this plan fits perfectly into his plan to announce a Special Message to the Legislature on Energy and the Environment tomorrow, which will in part discuss the urgent need to address energy supply, transmission and reliability needs in the U.P.