Alternate Energy Holdings Nuclear Power Plans on Track After Payette County Commissioners Reject Zoning Appeals

/ Source: GlobeNewswire

BOISE, Idaho, March 8, 2011 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. (OTCQB:AEHI)( announced today the Payette County Board of Commissioners rejected appeals that were filed in opposition to AEHI's plan to build a nuclear power plant in Idaho. The Board unanimously agreed Monday that previous decisions from Planning and Zoning were made correctly and therefore unanimously denied the appeals.

"I consider the decision a big win for AEHI as it confirms the company's ability to move forward with the zoning approval process needed to build a nuclear power plant in Payette County, Idaho. We are absolutely committed to this project and I think we have proven that point repeatedly despite our opponents' best efforts to stop us. We now eagerly look forward to a hearing before County Commissioners, which is needed to receive final local approval," said Don Gillispie, AEHI CEO.

AEHI is actively working through the local approval process in Payette County to build a large-scale nuclear power plant. The project is expected to employ up to 5,000 people during construction following federal approval, and more than 1,000 during operations.

About Alternate Energy Holdings, Inc. ( Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states; Idaho Energy Complex is the lead project. Other business units include Energy Neutral(R), which reduces energy demands for homes and businesses ( and Green World Water(TM), which assists developing countries with nuclear reactors for production of potable water, power generation and other suitable applications (

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CONTACT: Investor Relations Firm: Stephen D. Axelrod, CFA Wolfe Axelrod Weinberger Associates, LLC. 317 Madison Avenue, Suite 515 New York, NY 10017 Tel: 212-370-4500 E-mail: Media: Dan Hamilton Director of Corporate Communications Alternate Energy Holdings, Inc. Tel: (208) 939-9311 E-mail: