Molokai Big Wind Deal Falls Apart02/07/2013
The owners of Molokai Ranch have backed out of plans to lease thousands of acres of land to a large-scale wind farm developer.
The decision likely spells the end for the Molokai portion of the Big Wind project, an ambitious plan to build about 70 wind turbines on both Molokai and Lanai and bring the electricity to Oahu via undersea cables.
Clay Rumbaoa, CEO of Molokai Properties Ltd., commonly known as Molokai Ranch, said in a statement to Civil Beat that the company has broken off negotiations with Molokai Renewables, the wind farm developer, and is focusing on its ranching operations instead.
“After much consideration and discussions with Molokai Renewables, we made the decision not to renew the agreement for the proposed wind farm project on Molokai Ranch lands at this time,” wrote Rumbaoa. “ Our focus is currently on ensuring the success of our newly re-launched ranching operations and our efforts to re-open existing facilities, such as the Maunaloa Lodge, in an effort to create opportunities for the island."