Greenridge Power Plant

In September Greenridge Generation announced that it has secured all required permits and regulatory approvals for the restart for the Greenbridge power plant in Dresden. With the reopening of the plant, Greenbridge has also gotten approval to construct the four-mile natural gas pipeline to fuel the formerly coal-fired plant. The plant is expected to reopen within the first couple months of 2017. Employment estimates for the construction jobs are 60 to 80, with permanent jobs numbering 11 full-time employees with an average salary at $60,000, a $660,000 annual payroll, and $9.9 million in salaries over the 15-year PILOT term. Reopening the powerplant is extremely great news for the Finger Lakes Region, especially Yates County. The plant will ultimately restore much-needed tax revenues, create jobs, stimulate the regional economy and produce critically-needed electricity for the region.