nuclear-news

Ohio House Speaker Arrested In Case Related To Nuclear Power Plant Bailout Law, Statehouse News Bureau, By KAREN KASLER • JUL 21, 2020  House Speaker Larry Householder (R-Glenford) has been arrested in connection to a $60 million public corruption racketeering conspiracy case. Federal agents were at his farm in Perry County Tuesday morning.

Sources have confirmed that former Ohio GOP Chairman Matt Borges was also arrested, along with Householder’s adviser Jeff Longstreth. Veteran lobbyist Neil Clark was also arrested, according to sources.

It’s believed the case is related to the controversial nuclear power plant bailout law that was passed last year. The law was challenged in an expensive campaign that included charges of racism. The effort to repeal it was equally bitter, with allegations of intimidation of signature gatherers.

The law took effect in October after a group that opposed it missed the deadline to collect signatures. In January, that group dropped their courtroom battle to stop the law from taking effect. There was dark money on both sides, and donors were never revealed.

The law sends $150 million a year to the Davis-Besse and Perry power plants, which were owned by FirstEnergy Solutions. That company, which had been a subsidiary of FirstEnergy Corporation when it was first created but was no longer related to FirstEnergy Corporation, emerged from bankruptcy protection earlier this year and is now known as Energy Harbor.

FirstEnergy Solutions had said it would decommission its power plants starting this year if it didn’t get some financial relief from the state……   The law took effect in October after a group that opposed it missed the deadline to collect signatures. In January, that group dropped their courtroom battle to stop the law from taking effect. There was dark money on both sides, and donors were never revealed.

The law sends $150 million a year to the Davis-Besse and Perry power plants, which were owned by FirstEnergy Solutions. That company, which had been a subsidiary of FirstEnergy Corporation when it was first created but was no longer related to FirstEnergy Corporation, emerged from bankruptcy protection earlier this year and is now known as Energy Harbor

FirstEnergy Solutions had said it would decommission its power plants starting this year if it didn’t get some financial relief from the state………….https://www.statenews.org/post/ohio-house-speaker-arrested-case-related-nuclear-power-plant-bailout-law