Secretary Chu Announces Closing of $117 Million Loan Guarantee for Kahuku Wind Power Project

Washington D.C. – July 27, 2010 – (RealEstateRama) — Energy Secretary Steven Chu today announced that the Department of Energy has finalized a $117 million loan guarantee for Kahuku Wind Power, LLC, the owner and operator of the Kahuku Wind Power project. The project includes the development of an innovative 30 megawatt (MW) wind power plant that will supply electricity to approximately 7,700 households per year. According to company estimates, the project, located in Kahuku, Hawaii, will create over 200 jobs on the island of Oahu


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