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Railbelt Utilities Commit $1 Billion

Railbelt Utilities Commit $1 Billion

Four electric utilities serving a majority of Alaska’s population and most of the state’s commercial customers in a vast area stretching from Homer to Cantwell have committed more than $1 billion to new power plant construction and efficiency improvements. Some of the new generating capacity will come on line by the end of this year with other construction scheduled for completion two and three years out.

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