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Restream/PSEP asks council to extend land‑development approval for Keystone energy project as site and financing work continues
Summary
Pottstown Sustainable Energy Park (PSEP) and Restream Energy asked the borough to extend a previously approved land‑development resolution beyond its original three‑year term, citing regulatory approvals, a $35 million loan guarantee, site testing and site‑raising needs.
Representatives for Pottstown Sustainable Energy Park (PSEP) and Restream Energy described progress and requested a three‑year extension of a prior land‑development approval for 451 Keystone Boulevard at the Committee of the Whole meeting Jan. 8.
Counsel said the original resolution included a three‑year completion timeframe but also allowed the borough to grant an extension for "good or compelling cause." PSEP/Restream representatives told…
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