Pink Sheets: Alternate Energy Holdings, Inc. (AEHI) Financial News - Alternate Energy Holdings Prepares for Final Rezone Phase in Payette County

Alternate Energy Holdings, Inc. (AEHI)

Alternate Energy Holdings Prepares for Final Rezone Phase in Payette County

Keywords: Alternate Energy Holdings Prepares for Final Rezone Phase in Payette County, aehi.pk
Quote: 14, 2010 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. www.aehipower.com), a developer and marketer of innovative clean energy sources based in Eagle, ID, today announced that their plans to build a nuclear power plant in Payette County, Idaho, will now enter the final local and state approval process. This comes on the heels of an announcement from Payette County that the process is moving forward.Wednesday's public announcement reports, "As of last week, the technical review committee completed its analysis and is in the process of preparing a final report."The next step involves a public hearing before the Payette County Board of Planning and Zoning Committee. The remaining process could be finished as early as the end of the year."We are very excited to finish this process and I am confident in the technical findings. The Board of Commissioners already unanimously approved our petition during the first zoning phase and even indicated in their decision that the only project that could locate on the property in question is a nuclear power plant. I believe this speaks volumes about where this process will be in just a few months," said Don Gillispie, AEHI CEO.Previous hearings were heavily weighted in favor of AEHI's plan, with at least 80 percent of those attending showing support for the building of a nuclear power plant. In fact, every mayor in Payette County and the Payette Chamber of Commerce all wrote letters of endorsement for AEHI.http://www.nei.org/resourcesandstats/documentlibrary/newplants/reports/third-biennial-nuclear-power-plant-neighbor-public-opinion-tracking-survey).Employment opportunities and overall revenue play key roles in many of these. During construction, the Payette County Plant is expected to bring $5.3 billion to Idaho, which is about 10 percent of the State's gross domestic product. The project will create approximately 5,000 pe...
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Pink Sheets: Alternate Energy Holdings, Inc. Penny Stock Summary

Alternate Energy Holdings, Inc. operates as an alternate energy and generating company with a focus on purchase, optimization, and construction of green energy sources primarily nuclear power plants in the United States. The company develops and markets clean energy sources. Its projects include the Idaho Energy Complex, bio-fuel generation, and Energy Neutral, Inc. which lowers power usage for homes and businesses; and International Reactors, Inc., which assists for power generation and production of potable water. The company is based in Boise, Idaho.