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Louisville Clean Energy, a company that produces electricity, biodiesel, ethanol and natural gas - all without the use of fossil fuels - may locate in Shelby County.
On Thursday, the company received preliminary approval for tax credits from the Kentuckiana Regional Planning and Development Association (KIPDA). The money comes through the Kentucky Energy Independence Act, which encourages the growth of alternative fuel companies.
Louisville Clean Energy President Bill Bivins said he expects to gain final approval from KIPDA for the funds.
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