Commission approves financing for new gas plant

By BEN THEOBALD
Daily Press Staff Writer
The Eddy County Commission approved a consensus Tuesday for industrial revenue bonds to Enterprise Products Partners LP in order to finance a proposed gas plant to be built in the Eddy County area.
Industrial revenue bonds (IRBs) are bonds sponsored by a government entity with the earnings directed to a private or industrial business. … For the rest of the story, subscribe in print and on the web.