Press Releases

2012

April 20, 2012
Chugach to host candidate forum

Chugach Electric Association will host a forum for candidates running for the utility’s board of directors.  As a cooperative, Chugach is governed by a seven-member board elected by and from its membership.  The forum provides an opportunity for Chugach members to hear firsthand from candidates and ask them questions.

Three Chugach members are running for the two available seats on the cooperative’s board in this spring’s election.  The seats are for 3-year terms.

The candidates in this year’s election are Sisi Cooper, Jim Nordlund and Steve Strait.

April 18, 2012
Three members run for the Chugach Board; ballots mailed April 16

Three Chugach Electric Association members are running for two seats on the cooperative’s board of directors in this spring’s election. 

The candidates are Sisi Cooper, Jim Nordlund and Steve Strait.  Cooper is a Project Engineer for Doyon Emerald, LLC. Nordlund is the State Director for USDA Rural Development and an incumbent. Strait is President of Strait Media, LLC.

Chugach will host a “Meet the Candidates” night at 4:00 p.m., Thursday, April 26, at Chugach’s headquarters building. 

February 3, 2012
Winter storms batter Chugach system

This winter has caused extensive damage to electric facilities, especially on the northern Kenai Peninsula. Chugach Electric Association estimates it has spent more than $2 million responding to storm damage this winter. At least three-fourths of the total has been spent restoring power and repairing damaged power lines and structures in the mountains from Moose Pass and Cooper Landing to Turnagain Arm.

January 11, 2012
Chugach completes $250 million financing

Chugach Electric Association has completed a $250 million bond financing at very favorable interest rates. The transaction closed on Jan. 11. The bonds carry a weighted average interest rate of 4.36 percent, with the rate on individual tranches varying from 4.01 to 4.78 percent.