Sunday, December 14, 2014

GVEA Capital Budget for 2015

The board is meeting today in executive session to discuss and then (coming out of executive session) to approve the 2015 Capital Budget.     The proposed budget is documented on GVEA's site in the member book packet but is roughly $107 million, including $80 million for Healy Unit 2 restart.

GVEA projects $21 million principal payment on debt and additional loans and other financing of $94 million.

Big chunk of change.   You can read the details starting on page 18 of the member book located here.