New Jersey Company Buys Salem Harbor Power Station

June 30, 2012 12:00 AM
New Jersey Company Buys Salem Harbor Power Station
" BOSTON (AP) — A 60-year-old coal-fired power station in Salem that was headed for closure has been purchased by a New Jersey-based power company, which plans to replace it with a natural gas-fired plant.

Footprint Power LLC announced Friday that it had purchased the Salem Harbor Power Station from Dominion Energy Inc. Terms weren’t disclosed.

The station, which opened in 1951, was long targeted as a polluter by environmentalists. But many Salem residents were loyal to the plant for the jobs and millions in tax revenue it provided. Last year, Dominion announced it would close the plant in 2014, citing the high costs of required environmental upgrades and of coal, compared with cheaper natural gas "

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