AEA OKs hydroelectric project loan.

AuthorPounds, Nancy
PositionInside Alaska Business

The Alaska Energy Authority board of directors approved a $9 million loan to Haida Energy Inc. to help finance construction of a new 5-mega-watt hydroelectric project on Prince of Wales Island. The loan is part of AEA's Power Project Fund, which provides loans for Alaska utilities, governments or independent power producers to develop or upgrade electric power facilities. Haida Corp. and Alaska...

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