The approval of a nearly quarter billion dollar biomass energy is closer to fruition. This article from the Albany (GA) Herald says the Albany-Dougherty Payroll Development Authority approved a $250 million bond issuance for the project to be built next to the local Procter Gamble campus.

“It does appear (PG, in conjunction with Albany Green Energy, which will manage the plant) is going through with this project,” PDA attorney Jay Reynolds said. “They’ve asked that we approve this bond resolution so that the tax abatements you previously approved will be in place by the first of the year.

“This is the culmination of something this board has been working on for a long time.”

The biomass plant will create steam energy that will be used to power PG-Albany facilities, allowing the world’s largest home products manufacturer to realize global green initiatives it has established for its plants. Another vital cog in the construction and management of the plant is a plan that will allow Marine Corps Logistics Base-Albany to utilize the plant for energy as well.

Not only will the plant provide power for the PG facilities, it will allow the U.S. Marine Corps base at Albany to be the first Department of Defense installation in the country to realize net-zero energy consumption.