OHA Weighs Geothermal Partnership
From the Hawaii Tribune-Herald:
The Office of Hawaiian Affairs could be getting into the geothermal business.
OHA鈥檚 Board of Trustees today will discuss whether to partner with Honolulu-based Innovations Development Group as it seeks to win a contract for providing up to 50 megawatts of geothermal electricity to island residents.
That deal would come with an investment of $1.25 million in the new power plant, assuming that the Huena Power Consortium, set up by IDG to bid on the next geothermal contract with the Hawaii Electric Light Co., beats the competition. As a part owner, OHA would get a share of the revenue that could exceed 20 percent of its investment, which would help fund programs for Native Hawaiians, said Patricia Madina Talbert, a legal adviser to IDG.
That would be in addition to the 20 percent of geothermal royalties OHA already receives.
鈥淭hey would be a partner in developing their own resource,鈥 she said.
And here鈥檚 the latest in other neighbor isle gov鈥檛 and politics:
Photo courtesy听.
鈥擟had Blair
