Berea, KY (2020)

Berea College Lock 12

Investment

NMTC Amount: 18,715,000

Total Project Cost: 23,415,000

IMPACT

5 FTE jobs

5 construction jobs

Berea College deciding to offer more scholarships decided to add onto Lock 12 (dam) to create and sell their electricity. By doing so, there is a $2,000,000 annual savings to spend on current and future scholarships.

Project Description

Berea College deciding to offer more scholarships decided to add onto Lock 12 (dam) to create and sell their electricity. By doing so, there is a $2,000,000 annual savings to spend on current and future scholarships.

MAP

101 Chestnut Street, Berea, KY 40403

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