summit says it will owe $150 million in federal taxes on doe’s $450 million clean coal grant

摘要

Summit Power Group, due to receive $450 million from the nDepartment of Energy’s clean coal power initiative, must pay n$150 million in federal income taxes on the grant, the company nestimates. The grant will be used to build to build a 370-MW, n$2.4 billion integrated gasification, combined-cycle facility in nWest Texas.