Joe Manchin-connected power plant hasn't paid rent in a decade [View all]
The power plant that buys coal from Sen. Joe Manchin’s family business has not paid rent for the last decade.
The Grant Town power plant is built on the former Federal No. 1 mine in north central West Virginia. That mine is owned by a local company, Horizon Ventures Ltd.
Grant Town’s owner, American Bituminous Power Partners LP, stopped paying Horizon rent in 2012 and has waged a legal battle for years over the amount it owes Horizon in back rent.
At the same time it’s skipped rent payments, Grant Town has paid Manchin’s family company, Enersystems Inc., millions of dollars for waste coal.
American Bituminous Power Partners — or Ambit for short — has “found various reasons to pay, among others, stakeholders and executives, instead of paying its obligations to Horizon,” Horizon attorney Mark Kepple wrote in a recent filing with the Public Service Commission.
Horizon sued Ambit in 2013, seeking to force the company to pay back rent. Tens of millions of dollars may be at stak
https://www.eenews.net/articles/joe-manchin-connected-power-plant-hasnt-paid-rent-in-a-decade/
= new reply since forum marked as read
