BURRILLVILLE, R.I. (WPRI) — Rhode Island Gov. Gina Raimondo is set to unveil plans for a new power plant in Burrillville that will not only provide clean energy to the region, but also create dozens of jobs.
The governor will be joined by Invenergy CEO Michael Polsky Tuesday to announce plans for the Clean River Energy Center.
The $700 million project is the latest for the Chicago-based Invenergy, who develops, owns and operates clean energy facilities around North America and Europe.
The state-of-the-art, natural gas-fueled plant will be located on the southeast side of the Algonquin Compressor Station. It will provide more than 900 megawatts of clean energy for New England, according to Invenergy.
Raimondo said natural gas is the short-term solution to bring down energy costs in the state.
“Families are struggling with the cost of energy, businesses are struggling with the cost of energy, in the winter energy prices go through the roof, so anything we can do to provide cleaner sources of energy and more energy to bring down costs for families and businesses I think is something that’s good for Rhode Island,” she said Friday.
The company says they aim to hire more than 300 local workers to construct and operate the facility.
“It’s going to create jobs in two ways,” Raimondo added. “It’s going to bring down energy costs for businesses in Rhode Island, which allows them to add jobs, but this single project is going to bring in about 300 jobs, so I think it’s a win-win.”
Invenergy says the Clean River Energy Center will also contribute millions of dollars in tax revenue to the town of Burrillville each year.
“I can imagine that everybody is not in favor and change is difficult, but I hear from people everyday saying ‘Governor, you got to bring energy costs down,'” Raimondo said.