Company Wants to Buy Power Plant - WBAY

Company Wants to Buy Power Plant

 When the Kewaunee Power Station closed last year, hundreds of people lost their jobs.

"It definitely affected the community," said David Hardtke, Town of Carlton Chairman.

Now, RGA Labs, Inc., a Chicago-area company, said it wants to buy the plant. If the sale goes through, this would be the consulting company's first time operating its own power plant. It's operated plants for other companies in the past.

"What our interest is, is to work with Dominion to affect a purchase and then restart the plant as an electric power production facility, put people back to work, put the assets back to work," said Robert Abboud, RGA Labs, Inc. President.

Abboud said he's been interested in the plant for years due to some design aspects. He said the company is willing to pay tens of millions of dollars cash for the plant, but there's a slight problem--it's not for sale.

Dominion currently owns the plant and said they are not commenting on the situation, but said the sale is not something the company's pursuing. A Dominion spokesperson told Action 2 News: "Our efforts right now are focused on safely unloading the spent fuel pool and taking the station to the next stage of SAFSTOR. We look forward to working with our neighbors to make this transition as smooth as possible."

That's not stopping RGA Labs, Inc. that said despite what Dominion tells it, it thinks the plant is profitable.

RGA Labs, Inc. said the company wants to reopen the plant and put 600 people back to work. 

"Our interest is to return as many of the past employees to the plant as we can find," Abboud said.

In the future the company said it hopes to develop Kewaunee Park for business.

RGA Labs, Inc. will make a presentation to community members about its vision for the plant Thursday at 7 p.m. in the Carlton Town Hall. Residents have expressed on social media they like the idea of opening the plant.
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