Fairbanks News Miner, by Jeff Richardson: GVEA to complete coal plant purchase.  

Golden Valley Electric Association expects to finish the purchase of a dormant Healy power plant today, a step that puts the Interior utility on pace to restart the coal-fired plant by early 2015.

GVEA President Cory Borgeson, who spoke at the Greater Fairbanks Chamber of Commerce weekly luncheon on Tuesday, said the utility will acquire the Healy No. 2 coal-fired plant from the Alaska Industrial Development and Export Authority for about $44 million. The deal doesn’t include rising costs to restart the 50-megawatt plant and add federally mandated pollution controls.