Alaska electric association buys 22.5-MW Terror Lake

摘要

Kodiak Electric Association (KEA) purchased the 22.51-MW Terror Lake hydroelectric project near Kodiak, Alaska, for $38 million from the Southeast Alaska Power Agency.rnThe U.S. Department of Agriculture's Rural Utility Service provided a $38 million loan to KEA for the project.rnTerror Lake was one of four hydro projects once owned by Four Dam Pool rnPower Agency, now Southeast Alaska Power Agency. The purchase was completed Feb. 24, after the Federal Energy Regulatory Commission (FERC) issued an order transferring the project's operating license to KEA.