Finance advances support of battery factory
House Finance Committee members advanced a $105 million supplemental appropriation to support Form Energy, which has plans to build a cutting-edge battery plant in the northern panhandle. House Bill 2882, which calls for a directed transfer to the state Economic Development Project Fund, now goes to the full House for consideration. That’s a key piece of the financial structure for the Form Energy deal announced by Gov. Jim Justice just before Christmas. Form Energy is putting up at least $350 million of private dollars to get the project off the ground at the site of the old ...