$1.5 million Naknek Electric loan OK’dSouthwest Alaska utility, in bankruptcy, aims to finish its first geothermal well, drill up to six for alternative energy project Wesley Loy For Petroleum News
With encouragement from its ratepayers, the troubled Naknek Electric Association plans to take on new debt to continue with its geothermal energy project.
Members of the small Southwest Alaska cooperative voted in favor of raising NEA’s debt ceiling to accommodate additional borrowing, a lawyer for....
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Vote of confidence Long-range plans
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