BUSINESS leaders predict the planned clean coal power station in Stainforth will lead to more investment in Doncaster.
A company called 2CO Energy announced it would be taking over the scheme, under the new name of Don Valley Power Project.
Howard Gannaway, chief executive of Doncaster Chamber, said his organisation welcomed another indication of an exciting economic future.
He said: “Coming hot on the heels of the good news about the Sheffield City Region Gateway project - the road linking Robin Hood Airport with the M18 - it shows that Doncaster is again developing some real momentum in relation to economic development.
“This investment has protected a large number of jobs - which is critical in challenging economic times - and will also help to create further highly skilled jobs as the project evolves. A lot of partnership work has already been undertaken to ensure that local people can access those jobs where possible and we hope that company will continue this approach.
“Developing green energy is critical to the UK’s future economic competitiveness. Consequently, we are delighted Hatfield will remain at the forefront of this sector and we hope that this news, and the ultimate success of the scheme, will lead to further inward investment and the creation of a green energy hub in Doncaster.”
Planning permission is already in place for the scheme, which is bidding for European cash.