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July 29, 2014

$20M loan OK'd for Alaska hydro project

KETCHIKAN, Alaska (AP) — A $20 million loan has been approved for a new hydropower project on Prince of Wales Island.

KRBD reports that the Alaska Energy Authority approved the loan to Haida Energy for construction of the Reynolds Creek project, about 10 miles east of Hydaburg. The loan was approved in June.


 
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