Energy Center lawsuit settled
WARREN — Once tangled up in court hearings and motions, the future of a second natural-gas fired power plant in Lordstown is now clear.
A lawsuit between the companies involved that was holding up construction of the $900 million Trumbull Energy Center was settled Friday, and motions to dismiss the claim in Trumbull County Common Pleas Court and a related action in the 11th District Court of Appeals are expected to be filed next week.
The move means the proposal can move forward.
A press conference with village officials and Bill Siderewicz, president of Clean Energy Future, to discuss the power plant is set 1 p.m. Monday in Lordstown.
A message seeking comment was left with Siderewicz on Friday. Details of the agreement aren’t public because of confidentiality, said Anthony Cornicelli, chief magistrate and administrator for common pleas court, who confirmed the settlement.
Lordstown Mayor Arno Hill said, “Everything is resolved, the property is transferred. We should be good to go.”
Groundbreaking, Hill said, could happen as soon as next summer.
The lawsuit involved Siderewicz, president of Clean Energy Future and a minority investor in the Lordstown Energy Center — the first $900 million plant on Henn Parkway that began commercial operation in October — and majority holders in the Lordstown plant, Macquarie Group and Siemens Financial Services Inc.
At issue are several real estate rights, including a land option contract that would allow the Trumbull plant to build on land previously offered by the Lordstown plant.
The Ohio Siting Board has already given construction approval for the second plant, dubbed Trumbull Energy Center, adjacent to the existing plant on Henn Parkway. The second plant also is expected to cost around $900 million to construct, putting the total project investment around $1.8 billion.
“We’re glad to see the issues have been resolved and we look forward to working with Mr. Siderewicz and getting this project fast-tracked and moving toward a groundbreaking,” said state Sen. Sean J. O’Brien, whose 32nd District includes Lordstown.