LEXINGTON, KY (AP) - East Kentucky Power Cooperative Inc. has asked to withdraw a request for financing approval to build a new coal-fired power plant in Clark County.
The Lexington Herald-Leader reports the cooperative filed the request with the state Public Service Commission on Thursday.
Cooperative spokesman Nick Comer said Friday that withdrawing the request "was a business decision" and the cooperative intends to refile later.
The co-op's financial condition has been a major issue in recent years.
The co-op produces power for its 16 members that service more than 500,000 homes, farms and businesses throughout Central and Eastern Kentucky. The proposed plant would provide enough electricity for another 150,000 homes.
The plant has been controversial, with environmental groups urging the cooperative to look instead at renewable fuels and ways to persuade customers to conserve electricity.