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Proposed Natural Gas Plant Clears Hurdle

CEDAR RAPIDS (AP) -- Alliant Energy says the Iowa Utilities Board chairwoman has approved a siting certificate for a proposed power plant in Marshalltown.

The energy company, with Iowa operations based in Cedar Rapids, announced board Chairwoman Libby Jacobs on Friday approved the siting certificate and establishment of ratemaking principles for the planned Marshalltown Generating Station. Jacobs was the presiding officer at an administrative hearing and issued the proposed decision and order.

The $750 million natural gas-powered plant would generate about 600 megawatts of electricity. The utility says it's important for long-term plans to provide electricity for customers in Iowa and Minnesota.

Alliant is still working to attain other state and federal permits.

The company hopes to begin construction in 2014 and start operations in 2017.

The utility or individuals can appeal the decision.

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