SOURCE: Alternate Energy Holdings, Inc.

January 25, 2010 09:58 ET

AEHI's Second Idaho Nuclear Site Gets Boost From Elmore County P&Z

EAGLE, ID--(Marketwire - January 25, 2010) - Alternate Energy Holdings, Inc. (OTCBB: AEHI): Elmore County Planning and Zoning Commissioners agreed to change the county's comprehensive plan supporting AEHI's proposed nuclear plant.

Commissioners agreed with AEHI and said other parts of the county should be available for heavy industrial development, which will help clear the way for a nuclear power plant near Hammett, Idaho.

According to the Mountain Home News, one of the new P&Z commissioners noted this process has taken far too long, nearly 24 months, about 75 percent longer than other Idaho counties. It's the same reason AEHI began looking at other counties several months ago.

Since then the company cleared a similar hurdle January 14th, when Payette County P&Z Commissioners voted to change their comprehensive plan in favor of a nuclear power plant.

"The process now comes down to the question of timely site approval as our stockholders and financial institutions are anxious to break ground on the Idaho project. We've seen a huge outpouring of support from people living in both areas and believe these recent decisions confirm that support," said AEHI Chairman and CEO Don Gillispie.

About Alternate Energy Holdings, Inc. (

Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (, Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is helping negotiate with KEPCO and seek large investors for its projects.

"Safe Harbor" Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

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