Under a pair of 2018 Town Council-approved agreements, the town is in line for $5 million in Community Environmental Benefit, or CEBA, money, once the facility is built, along with $120 million in projected tax revenue over the course of 20 years of operation. The two agreements with NTE Energy, which is seeking to build a 650-megawatt plant on Lake Road in the Dayville section of town, were finalized in January 2018. The “unrestricted” CEBA money was earmarked for environmentally-oriented projects, with ideas for a scholarship fund, water testing at Alexander’s Lake and tree-planting initially discussed, but no final spending decisions have yet been made. The project has gotten a split reception by the town’s elected officials since it was first introduced. The largest public proponents of the plan have been union workers pleased with the idea of hundreds of new construction jobs needing to be filled. “These are good jobs with living wages and secure benefits,” Sal Luciano, president of the Connecticut AFL-CIO wrote in a 2019 letter of support for the project.
https://www.norwichbulletin.com/story/news/local/2021/01/23/if-killingly-power-plant-not-built-town-loses-120-million/4243656001/