This story appeared in the Chas. Gazette (click below for link):
http://wvgazette.com/latest/200809030382Feds pull out of Greenbrierhttp://wvgazette.com/latest/200809030382 power plant project Charleston Gazette - Charleston,WV,USA Federal officials have quietly pulled the plug on funding for construction of the proposed Western Greenbrier Co-Generation plant. ...
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I checked the Dept of Energy's Fact Sheet http://www.netl.doe.gov/publications/factsheets/project/Proj223.pdf and it says at the bottom of page 2, "Status: The Western Greenbrier Cogeneration Project was discontinued on June 14, 2008."
The Gazette implies things were a bit weird. It says, "DOE dropped the project in mid-June, less than two months after they formally approved a loan of up to $107.5 million, according to federal records. The DOE action also came just a month after developers had obtained private funding to help complete a critical engineering report for other private financiers. DOE had never publicly announced the move, but agency officials confirmed the action in an e-mail statement Wednesday." The story goes on to say, "Wayne Brown, a spokesman for Western Greenbrier, said that a reporter's phone call was the first he heard of the DOE decision. "Well, that's news to me," Brown said. He added that the project's future seemed dim, given the lack of DOE money." Toward the end the story says, "Earlier this year, one local bank refused to continue extending payback dates for Western Greenbrier, and the state EDA [West Virginia Economic Development Authority] had to pay the $3 million of the loan it guaranteed, said David Warner, director of the EDA."
So I guess that puts the State on the hook for $3 million.