Wyoming Governor Allocates Bonding for Power Plant

Kelemen, Jasmina
February 2005
Bond Buyer;2/10/2005, Vol. 351 Issue 32068, p4
Trade Publication
The article reports that Wyoming Governor Dave Freudenthal announced that he is granting a power company $109 million in tax-exempt bonding authority to finance a power plant. North American Power Group Ltd. initially requested $213500000 from the state's private-activity bond volume cap of $239.2 million to build Two Elk power plant near Wright, Wyoming. The state has the authority to apportion a certain amount of tax-exempt industrial revenue bonds under the private-activity volume cap allocated to each state by the U.S. Internal Revenue Service.


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