Wednesday, July 27, 2011

HEA makes agreement to buy power plant

The local electric cooperative is awaiting state regulatory approval on an agreement made to purchase a power plant in Nikiski. Homer Electric Association is prepared to purchase the Bernice Lake power plant from Chugach Electric Association for $11.8 million. As KDLL's Ben Stanton reports, it's part of a larger effort to secure local power production in the long term.

HEA makes agreement to buy power plant

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