The City of Barnesville was awarded $500,000 in Equity Grant funding today, according to Gov. Sonny Perdue. The funds will be used for water system infrastructure to support the Piedmont Green Power project off MLK bypass near its intersection with Gordon Road. City and IDA representatives were in Thomasville Monday for the grant award ceremony. From the Governpr’s news release… City of Barnesville ‘“ Water Infrastructure Equity grant funds will assist with public water infrastructure improvements, specifically the installation of a dual feed loop to the City’s existing water system, to support the location of Piedmont Green Power, LLC (PGP) on 50 acres in the Legacy Industrial Park in Barnesville. Having a reliable, continuous supply of water at the required pressure will be a critical factor in the operation of the plant. The company plans to begin construction in March 2010 with anticipated operations/commissioning of the plant in the spring of 2012. PGP, a subsidiary of North Carolina-based Rollcast Energy, Inc, is a producer of clean, sustainable electrical energy. PGP plans to construct a 60,000 SF renewable power generation facility using native, regional biomass materials to generate nearly 50 megawatts of electricity that will be sold through a power purchase agreement (PPA) to Georgia Power. Equity Grant Award: $500,000 / Total Project Cost: $161.1 million Create 22 jobs and unspecified number of indirect jobs via trucking, forest products and ancillary services
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