Update from Board Meeting!

Today (May 12, 2009) the HEA Board of Directors voted to "...direct the
General Manager to cancel the RFP for the Power Supply Study and
transition our cooperative away from involvement in HCCP" [the Healy 2
coal plant]. The process of withdrawing from preliminary commitments to
Healy 2 may require a little time but, when questioned about it, 2 board
members confirmed that the intent is to end HEA's involvement with plans
to restart the Healy 2 plant.

Director Tim Evans made the motion to start the process of disengaging
from the Healy 2 project. It was adopted by a vote of 8 to 1. The single
opposing vote represented concern over discontinuing the Power Supply
Study and did not reflect support for Healy 2.