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Re: Richard2 post# 10146

Thursday, 03/07/2013 12:57:32 AM

Thursday, March 07, 2013 12:57:32 AM

Post# of 11963
The port of Baton Rouge will provide financing for the project by issuing municipal bond. It is in sedar filing.

The LG contract is still valid, just got confirmation from Jim. There is lot of good to think about by starting this project. First they already have signing deal with LG international for 37 million dollars and in addition, they should have other contracts with European power producers. The project would have never started had it not been the case and Port would have never considered for financing.

Great news... more to come..

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