Thursday, January 3, 2013
The company is seeking to have its Romeoville and Joliet stations included in the River Valley Enterprise Zone so it can qualify for state tax breaks.
The Romeoville Village Board approved enterprise zone status Wednesday for Midwest Generation, qualifying the company to receive state tax breaks needed for its $100 million environmental compliance project. Romeoville trustees signed off on an amendment that would add the Will County Generating Station in unincorporated Romeoville and the Joliet Generating Station to the the Des Plaines River Valley Enterprise Zone. Several other governments, including Will County, have taken the same action to assist the coal-fuel energy plants, officials said. By being part of the zone, the company will be eligible for a state sales tax credit on building and pollution control materials and a state investment tax credit for the state-mandated …
Thursday, November 1, 2012
The company owns four coal-powered energy plants, two of which are located in Joliet and Romeoville.
The parent company of Midwest Generation, owner of coal-powered energy plants in Joliet, Romeoville and two other Illinois towns, may be headed to bankruptcy court, according to a published report. Edison Mission Energy, which is part of Edison International, owes $97 million in interest on bonds, and there is "no assurance" they money will be repaid on its Nov. 15 due date or within the 30-day grace period following that date, a story in Crain's Chicago Business. The announcement was part of Edison International's third-quarter earnings report, the story said. “Failure to pay interest on the bonds will likely result in EME filing for bankruptcy protection under Chapter 11 of the Bankruptcy Code,” Edison International CEO Ted Craver said …
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1800 Channahon Rd, Rockdale, IL
/articles/midwestgen-parent-company-may-file-bankruptcy
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Wednesday, August 29, 2012
Illinois State Police closed the river temporarily for the investigation; no ID yet on the victim.
- POLICE & FIRE
- Dawn Aulet
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Wednesday, August 29, 2012
A dead body was found floating in the Des Plaines River Wednesday afternoon behind the Midwest Generation Plant on Route 6 in Joliet. Illinois State Police were dispatched to the scene at 12:48 p.m. after a fisherman found the body, according to Illinois State Police Sgt. Bill Fuentes. The river was closed for the investigation, but has since reopened. No information on the victim was released. Patch will update this story as more information becomes available. Want free local news delivered to your inbox every morning? Sign up for our daily newsletter.
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8:04 pm on Sunday, May 12, 2013
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