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News » Kaukauna Utilities to buy NewPage power plant
Mar. 2, 2010
Kaukauna's city council is expected to approve funding tonight for Kaukauna Utilities to buy the NewPage hydroelectric power plant in Kimberly.
Jeff Feldt is the general manager for Kaukauna Utilities. He says with the NewPage plant, the utility will own all eight hydroelectric plants between College Avenue and Wrightstown. He says that will allow them to better control the flow of the river, and help the utility become 10 percent more efficient.
The NewPage plant will cost Kaukauna Utilities $6.5 million, but Feldt says they'll get a $400,000 discount if the deal closes in three months. |
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