by Tom Johnson / NJ Spotlight
Yet another big power plant is moving forward in New Jersey — once again without any guarantees of subsidies from utility customers to help pay the cost.
In a groundbreaking ceremony yesterday attended by both Gov. Chris Christie and Senate President Stephen Sweeney (D-Gloucester), Competitive Power Ventures (CPV), a Maryland company, began building an $845 million natural-gas plant in an industrial section of Woodbridge, one of three plants awarded lucrative subsidies by the state to spur their development — though it’s not known if it will ever receive them.
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