A day after it was announced that Larry Ellison would purchase 98 percent interest in the island of Lanai, officials from Castle & Cooke have stated that they will continue to build a 200 megawatt wind energy project. Previous owner, David Murdock, will retain the rights to his home on Lanai as well as the rights to develop a wind farm on the northwestern corner of the island. The plan is to then ship the electricity generated to the island of Oahu via an undersea cable. Opponents of the wind farm have stated that they are very disappointed and had hoped that Larry Ellison would have put a stop to the project once he had made the purchase.
Robin Kaye, spokesperson for Friends of Lanai, which opposes the wind project, said that they was disappointed to hear that plans for it would continue even with a new owner taking over the island.
Source: Honolulu Star Advertiser, 6-21-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
