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Payette County P&Z changes comprehensive plan January 15, 2010

Posted by cleanidahoenergy in AEHI, Payette County.
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Payette County P&Z changes comprehensive plan

Payette, Idaho: Alternate Energy Holdings, Inc. (AEHI:OB) – In a nine-to-two decision, the Payette County Planning and Zoning Commission approved a proposed change to the county’s comprehensive plan.

“This is a major hurdle for AEHI, one which sets us on a path to building a nuclear power plant in Payette County.  It’s been a major goal for us as a company, and one that is supported by an overwhelming majority of people living in and around the county,” said Don Gillispie, Alternate Energy Holdings Inc. CEO.

The plant is expected to employ thousands of people through the construction and eventual operations.  The facility will also change the financial landscape in Payette County, in a way that will require a variety of additional businesses to support the people working at the plant.

The next step involves the rezoning of about 5,000 acres of agricultural land near Big Willow Road and Stone Quarry Road.  Public hearings on that issue will be taken up by the Payette County Commission in the coming weeks.

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com) Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is helping negotiate with KEPCO.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

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