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Power Plant At Lake Michigan To Produce 1 000 000 Kw
Chicago reports the State Line Generating company begins first unit of a large Lake Michigan plant southeast of the Illinois Indiana line. The 206 400 kw unit aims to start in fall 1929 with four more units planned to reach 1 000 000 kw. The plant will sell all output to four utilities under 50 year contracts. Estimated cost is 28.5 million dollars with up to 21 million more financed. Net earnings after debt service projected at 3.13 million. A Lafayette letter and a Vermont banknote also noted in Upland California clipping.
MENTIONED IN THIS ARTICLE
Chicago
Lake Michigan
Illnois- Indiana
Irom
Commonwealth Edison Company of
Public Service Company of Northern Sinois
Northern Indiana Public Service Company
Interstate Public Service Company
Ifne Generating Company
State Line Generating Company