The RG’s Christian Hill has the story on the $26M redo of the EWEB steam plant, here:
… With a mix of commercial debt, equity from investors and tax credits, the team estimates a $4.1 million funding gap and likely would seek public dollars for the project…
A project like this needs some tenant guarantees to lock in funding, and it appears developer Mark Frohnmayer has found one:
Naturally there’s a tie-in to the UO Foundation’s tax-payer subsidized IAAF 2021 championships as well.
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