EDA updates on DeLorean Power option for Falling Branch lots; project dependent on Appalachian Power program
DeLorean Power holds an option to purchase 10.49 acres at Falling Branch (Lots 2A/2B) for an energy storage project; staff said the project’s advancement depends on Appalachian Power’s program and the purchaser owes a $20,000 payment currently listed as 'in the mail.'
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Montgomery County Economic Development Authority staff updated members on an option held by DeLorean Power to buy Lots 2A and 2B (about 10.49 acres total) in Falling Branch for a battery-storage project.
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