Governor Snyder Praises Ownership Agreement Of Presque Isle Power Plant In Marquette

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    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.

    LISTEN – Governor Rick Snyder discusses the new joint ownership agreement for the Presque Isle Power Plant in Marquette.

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