NPN sounding optimistic about GF project

With renewed interest and potential financing the Grand Forks council is one vote away from granting another extension for Northern Plains Nitrogen.

The proposed plant has been eyeing a site near the city’s sewage lagoons since it was first announced in 2013. NPN is looking to tap water from the lagoons to make nitrogen fertilizer.

NPN officials say the Letter of Intent extension is needed to show potential investors that the city is still supportive of the project.

City Administrator Todd Feland says it might also be time to begin work on a development agreement between the city and company.  “With similar structure to the Fufeng deal.  “Obviously this is a much larger project.  Fufeng is $700 million and this is probably upwards of a $3 billion dollar project.”

The latest agreement would run through the end of the year.