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Follow on Google News | LAIC Venture Capital announces “Green Energy” Joint venture for a 100 Megawatt Powerplant .Steven Muehler, President of LAIC Venture Capital, has announced a Joint Venture for a 100 Megawatt Natural Gas Fired Turbine Combined Cycle Power Plant in Oregon.
The Power Plant is being designed to fulfill the voids left by the diminished production capacity caused by the closure and destruction of the hydroelectric power producing dams located on several of Oregon's rivers. Coupled with this actual loss of power generation capacity is the growth of the area’s population with accompanying commercial and industrial growth and Oregon's "green power" interest coupled with recent environmental laws prohibiting new coal fired power plants limits the options limits the sources available for safe and sustainable power production. Natural Gas is the logical choice to fill these shortages with quick to build and reliable power plants. For Additional Information: LAIC Venture Capital Steven J. Muehler, President 9107 Wilshire Blvd. Unit 450 Beverly Hills, CA 90210 Steve@LAICVenCap.com http://www.LAICVenCap.com # # # LAIC Venture Capital is an Investment Banking firm making direct investments in the fields of Oil & Natural Gas, Mining & Mineral Rights, Alternative Energy, Bioenergy and Real Estate Ventrues in North and South America. End
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