HILLSBOROUGH, NJ - A Massachusetts energy company has abandoned plans to build a natural gas power plant in the township.

Genesis Power LLC notified the township of its decision early Monday morning.

A statement from Bob Place, president of Genesis Power, LLC reads:

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“Genesis Power, LLC, will not continue pursuing plans to build Amwell Energy Center in Hillsborough, NJ. The project plans, in their earliest stages, called for the construction of a combined-cycle electric generating facility that would have used about 10 to 15 percent of a 423-acre parcel of land that currently houses three interstate gas pipelines and multiple electric transmission lines.”

The company declined to add any additional information to its statement.

Township officials were pleased to hear the news.

 “Simply put, today is a great day for Hillsborough,” said Mayor Frank DelCore. “The Amwell Energy Center had the potential to significantly alter Hillsborough's bucolic nature and rural appeal while providing minimal ratables and long term job growth," he added.

”According to numerous news outlets, the once proposed plant was expected to be at least 640 megawatts. The site was to be located on 420 acres of land between Hamilton and Amwell roads," he added.

"Committeeman Douglas Tomson, who was Mayor in 2015 when the proposal was first announced by the developer said, “The Township Committee made a promise to the residents that we were going to look at this project from all angles and ensure we do what is right for all residents of Hillsborough. With today’s announcement, that happened. I want to commend Mayor DelCore for his leadership on this issue.”

“The Township Committee in Hillsborough has made a promise to protect environmentally sensitive areas in town with over 30% of Hillsborough off limits to developers,” DelCore said. “My commitment to the residents of Hillsborough has been and will always be to ensure that we remain one of the best towns in America," he added.

"Thank you to all of the residents and professionals who we have spoken with over the last two months as we all worked to protect our Township,”  DelCore said. 

The $1 billion power plant would have been  built on a 423-acre tract  bounded by Amwell and Hamilton Roads and east of North Willow Road.

Genesis said its proposal would have used natural gas to produce enough electricity to power 700,000 homes during the high peak summer months.

No formal application has been submitted to the township; preliminary engineering studies were done on the tract amd the company has filed paperwork with the state Department of Envrionmental Protection.

The undeveloped track is heavily wooded, with some open fields and farm acreage with underground natural gas pipelines. The site is the intersection of three existing Texas Eastern interstate gas pipelines and multiple 500-kV electric transmission lines.

Privately owned, the tract is leased by the Riverside Run and Gun Club.