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0:13

David Persinger

20:23 - 20:37

“ultimately, the big one is the way these agreements are set in October of 2055, the municipality would own 37 million gallons per day of water rights, stream clear, on Eklutna Lake going forward.”
Community
Alaska News
Location
Anchorage
Captured at

From the transcript

So, there's two things that this gives us. One, it gives us first right of refusal if they do decide to close the power plant for whatever reason. If, you know, they decide it's not financially feasible or whatever happens and they decide they're going to shutter it, we would get first rights to purchase any of that infrastructure as well as water rights. And then, ultimately, the big one is the way these agreements are set in October of 2055, the municipality would own 37 million gallons per day of water rights, stream clear, on Eklutna Lake going forward.

Related Coverage

Anchorage's water utility would cut its Eklutna hydro payments roughly in half

Anchorage's water utility would pay the Eklutna hydro owners about half as much under new deals, then could own water rights at the lake in 2055.

Cover image for article: Anchorage's water utility would cut its Eklutna hydro payments roughly in half