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Groups to talk about AES plant today

by TSchmitt
Wed, Mar 28th 2012 08:44 am

 Local leaders have been preparing for the next step on the AES Somerset plant since they heard the company.

Today, members from the Town of Somerset, the Barker school district and Niagara County will all meet with members of the county's IDA to discuss plans for the plant.

This isn't a new scenario, as the groups have been through multiple negotiations before, but this one presents a different twist. 

The bondholders who are expected to assume control of the plant next week have yet to close on it, and they need a new PILOT agreement to do so.

 

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