The Public Service Commission of West Virginia recently approved a plan that would allow Allegheny Power to use ABS to finance an emissions control facility at a West Virginia plant.

With that decision rendered, Allegheny Power plans to issue about $365 million in ABS, part of which will be collateralized by an environmental control charge that will appear on consumers' utility bills. The utility authority's approval essentially allows Allegheny to upgrade its Fort Martin power station in West Virginia, to include equipment that will remove sulfur dioxide from coal burning emissions. The so-called scrubber technology will bring the plant, built in 1960, into compliance with the latest emissions controlrule from the Environmental Protection Agency, said Allen Staggers, a spokesman for Allegheny Power.

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