Print Page Mesaba Energy Project Schedule Significant Milestones Achieved to Date Enabling Legislation (View) enacted by Minnesota Legislature in June 2003 Secured Development Funding including: $36 million from the U.S. Department of Energy $9.5 million from Iron Range Resources $10 million grant from the Renewable Development Fund Energy Policy Act of 2005 provides for Federal loan guarantees for the Project and provides a pool of investment tax credits for a handful of IGCC projects Filed petition for approval of power purchase agreement with Minnesota Public Utilities Commission on December 27, 2005; case pending before an administrative law judge Project engineering, procurement and construction (EPC) consortium (Fluor, ConocoPhillips and Siemens) completed optimization and initial pricing engineering studies Application for all material pre-construction permits has been filed with the Minnesota Public Utilities Commission and deemed complete by the PUC Federal environmental information volume completed as part of environmental impact statement process conducted by U.S. Department of Energy Granherne, a business unit of KBR Engineering, serves as owner's engineer The Project is being designed to be fuel flexible, to take advantage of the best fuel prices over the life of the plant Acquired an option to purchase the West Range site Large Generator Interconnection Request has been submitted Transmission System Impact Studies are under way Significant Milestones To Be Achieved Execution of large generator interconnect agreement (LGIA) Issuance of pre-construction permits Minnesota PUC approval of the power purchase agreement Completion of front end engineering and design by Fluor, Siemens and ConocoPhillips Execution of engineering, procurement, and construction contract Financial close Final design Construction U.S. Department of Energy demonstration period and start of operations