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Updated: 6:29 PM Oct 7, 2008
New power plant approved in Sherman
SHERMAN, TX -- A new energy plant will soon be in Sherman. Panda Energy will be building a 500-megawatt power plant on Howe Road west of the Tyson plant. The city council approved the move at Monday night's meeting.
Posted: 5:12 PM Oct 7, 2008Reporter: KXII-TV Staff Email Address: firstnews@kxii.com |
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SHERMAN, Tex. -- A new energy plant will soon be in Sherman. The city council approved the move at Monday night's meeting.
Panda Energy will be building a 500-megawatt power plant on Howe Road west of the Tyson plant. The Dallas-based company will build a natural gas facility that will be one of the cleanest burning plants in the state.
The project will also bring several dozen high-paying jobs to the area.
Company representatives say it will be a North Texas project, from start to finish.
"It’s Texas, homegrown-type, natural gas. We got some of our employees actually living here in Sherman. In fact, the project manager of this project will be able to run the project from his house here in Sherman, Texas," Ralph Killian of Panda Energy says.
Panda Energy hopes to break ground sometime next summer.
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