JUNEAU HYDROPOWER AND J-POWER ADVANCE SWEETHEART LAKE HYDROELECTRIC.

In September, Juneau Hydropower announced an approximately $200 million joint development agreement with J-POWER, a Tokyo-based developer, for the construction of the 19.8 MW Sweetheart Lake Hydroelectric Facility, which would be located approximately 30 miles south of Juneau on the east shore of Gilbert Bay.

Construction on one of the largest hydroelectric projects scheduled for development in Alaska in the last twenty years is expected to start in 2023, according to Duff Mitchell, managing director for Juneau Hydropower. It's a long-awaited step forward--Juneau Hydropower has been planning a potential development at Sweetheart Lake since 2009 and finished acquiring all necessary permits in 2016. Mitchell...