Power company drops support for CIRI wind farm

Wednesday, May 9, 2007  

Alaska's biggest electric company has withdrawn support for a wind farm proposed by Cook Inlet Region Inc., an Alaska Native corporation.

Chugach Electric Association had agreed to consider buying power from CIRI's proposed farm on Fire Island. But a new majority on the electric company's board says it will review the project to ensure it is cost effective.

CIRI plans to spend $151 million to $227 million to develop the wind farm. The Legislature's capital budget proposal contains $24 million for the project, and CIRI is lining up a partner to finance the rest of the venture.

Get the Story:
Chugach balks at wind farm (The Anchorage Daily News 5/9)
pwpwd

$rl Cook Inlet Region Inc - http://www.ciri.com
Chugach Electric Association - http://www.chugachelectric.com