Lordstown power plant will effect $1.45B impact on Valley over 25 years, official says

WARREN

The president of Clean Energy Future revealed a few more eye-popping facts and estimates Wednesday as the Trumbull County commissioners approved a 100 percent, 15-year tax abatement for the natural-gas-fueled power plant the company plans to start building in October in the Lordstown Industrial Park.

Clean Energy Future President Bill Siderewicz said the plant will have a $1.45 billion impact on the Mahoning Valley in its first 25 years, counting up the construction, jobs and ripple effects of the $800 million, 800-megawatt plant. It will be on Henn Parkway in Lordstown.

He also told the audience in the Trumbull County commissioners meeting room during a public hearing that Clean Energy Future has agreed to provide asbestos abatement and demolition of a former Lordstown school building at Tod Avenue and Salt Springs Road and build the Lordstown school system a new soccer field and all-weather track.

Those will go in front of Lordstown High School.

The demolition and new sports facilities are in addition to the $18 million in donations Clean Energy Future will give to Lordstown schools during the first 15 years of the project and the jobs that will result.

He estimates that the construction will produce 450 jobs for about three years, then 26 permanent jobs once it opens in May 2018. He expects construction to begin in early October, with the first concrete to be poured by the end of the year.

Read more about the project in Thursday's Vindicator or on Vindy.com.