HARRISBURG – The Commonwealth Financing Authority (CFA) today awarded an $850,000 state grant to Valley Energy, Inc. for a pipeline project located in Bradford County, according to state Sen. Gene Yaw (R-23).
The grant from the state Department of Community and Economic Development’s Pipeline Investment Program (PIPE) will help to fund the $1.8 million dollar project.
Valley Energy’s grant application was supported by Senator Yaw and local municipalities.
“There is widespread support in seeing locally produced natural gas used locally to benefit our area homeowners and businesses,” Sen. Yaw said. “As one of many supporters, we look forward to the advancement of this important project to the community and its citizens. I’m glad that the CFA saw value in Valley Energy’s application.”
The pipeline project will extend gas service to East Athens in Athens Township, Bradford County through the installation of approximately 18,000 feet of pipeline. This pipeline extension will service 66 new gas customers and seven commercial properties. Company officials have indicated that they would begin engineering and permitting later this year with construction expected to start and be completed in 2019.
The PIPE program was crafted by Sen. Yaw and approved by the Legislature in 2016 providing grants to construct the last few miles of natural gas distribution lines to business parks, existing manufacturing and industrial enterprises, which will result in the creation of new economic base jobs in the commonwealth while providing access to natural gas for residents.
For additional information on the Pipeline Investment Program or to apply, visit www.dced.pa.gov.
Rita Zielonis, Chief of Staff