Columbia Biogas defends financing plan

| Print |  Email
Must Reads
Friday, March 09, 2012

Columbia Biogas officials defended their plan to build a Portland plant, including asking the city to back part of the $55 million needed.

"We take issue with the fact that it's an inappropriate role for the city," said John McKinney, Columbia Biogas president. "This is exactly what it's all about — sustainability, renewable energy. We take issue with the fact that this project is being portrayed as risky."
McKinney spoke in response to a report in The Oregonian that said that the proposed financing arrangement for the Columbia Biogas plant could require the city to kick in as much as $900,000 a year for up to 20 years. The report also aired concerns about Ken Rust, the city of Portland's former chief administrative officer who is employed as a lobbyist by Columbia Biogas.

Read more at Sustainable Business Oregon.

{biztweet}columbia biogas{/biztweet}

 

More Articles

Corner Office: Marv LaPorte

January-Powerbook 2015
Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


Read more...

The city as startup

Guest Blog
Wednesday, January 14, 2015
011415 citystartup-thumbBY NISHANT BHAJARIA | OP-ED CONTRIBUTOR

Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.


Read more...

The short list: 4 companies engaged in a battle of the paddles

The Latest
Thursday, December 04, 2014
pingpongthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Nothing says startup culture like a ping pong table in the office, lounge or lobby.


Read more...

Raising the Stakes

February 2015
Monday, January 26, 2015
BY LINDA BAKER

The 2014 Bend Venture Conference set a record for the most cash, investments and prizes awarded at an angel conference in the Pacific Northwest. Investments in the six winning companies exceeded $1 million. The 11th annual conference was hosted by Economic Development of Central Oregon.


Read more...

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

7 industry trends of 2015

The Latest
Friday, January 09, 2015
covertrends15-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Industry groups identify top trends for 2015.


Read more...

Communications error

News
Friday, January 30, 2015
013015-zidellmattfrench-thumbBY LINDA BAKER | OB EDITOR

How did an errant email to the Zidell family end up fronting a story in the Oregonian this morning?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS