JACKSON, Miss. (AP) — Mississippi has disbursed nearly $227 million in aid to six alternative energy companies since 2010 but so far has fewer than 500 jobs to show for its efforts.
Research by The Associated Press finds the state has given large loans to help companies get off the ground. But the companies in most cases don't have to meet job targets until five years or more after they begin production.
Gov. Phil Bryant and Lt. Gov. Tate Reeves say they oppose some aspects of deals signed under the administration of former Gov. Haley Barbour, but add that Mississippi must live up to contractual commitments.
The AP review of state records comes after the failure of the Twin Creeks solar plant in Senatobia. The company received $27.7 million in state aid.
©2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.